What happened to bitcoin?

The case began in 2016, when anonymous hackers stole 119,754 Bitcoin from the Hong Kong-based cryptocurrency exchange Bitfinex. It was worth $71 million at the time.

How much bitcoin was stolen from Lichtenstein?

The charges against them cover only siphoning off chunks of the stolen currency-about 25,000 Bitcoin-and hiding them in different digital wallets they controlled. Law enforcement officials said they found 94,636 Bitcoin, valued at more than $3.6 billion, in a wallet belonging to Lichtenstein.

Who was involved in the Bitfinex breach?

Officials have not said whether they believe Lichtenstein, 34, and Morgan, 31, were directly involved in the Bitfinex breach. A Justice Department official declined to comment on that point last week, but officials said the couple had used various techniques to try to launder the stolen Bitcoin.

What is bitcoin and how does it work?

Bitcoin. A Bitcoin is a digital token that can be sent electronically from one user to another, anywhere in the world. Bitcoin is also the name of the payment network on which this form of digital currency is stored and moved.