Is Bitfinex 2016 Hack a scam?
August 2016 hack of Hong Kong exchange Bitfinex that drained 119,756 BTC (about $72M at the time, several billion at current prices). For years the wallets containing the stolen BTC sat untouched.
| Status | prosecuted |
|---|---|
| Category | exchange-hack |
| First observed | 2016-08-02 |
| Collapsed | 2016-08-02 |
| Reported victims | 120,000 |
| Estimated losses | $72,000,000 |