{"id":26847,"date":"2020-08-04T17:16:56","date_gmt":"2020-08-04T14:16:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26847"},"modified":"2025-08-26T17:01:12","modified_gmt":"2025-08-26T14:01:12","slug":"bitfinex-offers-up-to-400m-for-return-of-2016-stolen-btc","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitfinex-offers-up-to-400m-for-return-of-2016-stolen-btc\/","title":{"rendered":"Bitfinex offers up to $400m for return of 2016 stolen BTC"},"content":{"rendered":"<p>The cryptocurrency exchange Bitfinex has announced a reward for assistance in recovering funds stolen from the platform in 2016 as a result of a hack.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Bitfinex offers up to ~$400M reward for return of 2016 stolen BTC <a href=\"https:\/\/t.co\/04GrHoKZdQ\">https:\/\/t.co\/04GrHoKZdQ<\/a><\/p>\n<p>\u2014 Bitfinex (@bitfinex) <a href=\"https:\/\/twitter.com\/bitfinex\/status\/1290634556580794374?ref_src=twsrc%5Etfw\">August 4, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The exchange said it is prepared to allocate 5% of the stolen amount to anyone who can help connect with those involved in the breach. Moreover, Bitfinex is prepared to give the hackers themselves 25% of the recovered funds.<\/p>\n<p>The Bitfinex hack occurred on August 2, 2016. In total, the attackers stole 119,756 BTC ($71.8 million at the rate at the time).<\/p>\n<p>According to the exchange&#8217;s assessment, after deducting the funds it is prepared to pay as a reward, the current amount stands at $1.344 billion. 30% of the reward is valued at just over $403 million.<\/p>\n<p>As noted, transfers of Bitfinex-stolen bitcoins from tagged wallets <a href=\"https:\/\/u1f987.com\/en\/news\/withdrawals-of-bitfinex-hijacked-bitcoins-pick-up-on-the-fourth-anniversary-of-the-hack\">have intensified<\/a>: over the past week alone the total amount moved exceeded 4,571 BTC (~$51.5 million).<\/p>\n<p>Sign up for ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 all the news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Bitfinex has announced a reward for assistance in recovering funds stolen from the platform in 2016 as a result of a hack.<\/p>\n","protected":false},"author":1,"featured_media":26848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[95,1154],"class_list":["post-26847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitfinex","tag-crimes"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26847"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26847\/revisions"}],"predecessor-version":[{"id":26849,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26847\/revisions\/26849"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26848"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}