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Judge says it could be ‘improper’ to order Bitfinex hack funds returned

The US District Court is evaluating a proposal to return 94,643 Bitcoin (BTC) connected to the 2016 Bitfinex hack. Judge Colleen Kollar-Kotelly questions the legality of such a return, which could improperly affect the forfeiture order.

The management of these funds can set important precedents in cases involving stolen cryptocurrency. The judge has requested explanations from the US government by February 4, 2024, before making a final decision on the matter.

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