How much was a stolen bitcoin worth?

The recovered bitcoins were valued at over $3.6 billion at the time of seizure. At the time they were stolen, they were worth $71 million. The Justice Department said Tuesday it has seized more than $3.6 billion in cryptocurrency and arrested two people in connection with the 2016 hack of a virtual currency exchange.

Did a hacker steal Bitcoin?

Stolen Bitcoin worth more than $4bn (£2.9bn) has been seized by the US Department of Justice - the largest ever confiscation of its kind. Officials also charged two people on Tuesday with attempting to launder the money, stolen by a hacker who breached a cryptocurrency platform in 2016. The hacker allegedly made off with nearly 120,000 Bitcoin.

How much bitcoin was stolen from James Zhong's house?

The U.S. Department of Justice announced Monday that it seized about $3.36 billion in stolen bitcoin during a previously unannounced 2021 raid on the residence of James Zhong. Zhong pleaded guilty Friday to one count of wire fraud, which carries a maximum sentence of 20 years in prison.

How many Bitcoins have been recovered?

About 94,000 Bitcoin have been recovered. Assistant Attorney General Kenneth Polite Jr said the seizure was proof the government "will not allow cryptocurrency to be a safe haven for money laundering or a zone of lawlessness within our financial system". The money originates from the 2016 hack of a crypto exchange known as Bitfinex.