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Two people have been arrested on suspicion of conspiring to launder $405 billion in cryptocurrency that was stolen

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Two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, a virtual currency exchange, presently valued at approximately $4.5 billion. Thus far, law enforcement has seized over $3.6 billion in cryptocurrency linked to that hack.

Related: Two Arrested for Alleged Conspiracy to Launder $4.5 Billion in Stolen Cryptocurrency

Updated May 27, 2022


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