Only Bitfinex may get restitution in 2016 hack, per government filing

Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward.

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Bitfinex might qualify for restitution for the 2016 hack of 119,756 Bitcoin (BTC) from the exchange, but the United States government is unaware of any other parties that qualify, according to a filing in the case against hackers Ilya Lichtenstein and his wife Heather Morgan. 

Bitfinex spread the loss from the hack across its customer base and reimbursed them itself. It appears the government was satisfied with that effort, but it will take further steps “out of an abundance of caution.”

The Crime Victims’ Rights Act grants victims the right to full and timely restitution for their losses, among other things, and the Mandatory Victim Restitution Act requires the perpetrators of crimes to reimburse their victims for their losses and associated expenses. 

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