2026-01-02 21:28:08

The notorious Bitfinex hacker, responsible for one of the largest cryptocurrency thefts in history, has been released from prison. The individual had stolen approximately 120,000 BTC in a breach that once represented over $4.5 billion in value at certain market valuations. This case marks a significant development in the long-running saga of one of crypto's most infamous security incidents. The theft, which occurred years ago, became a watershed moment for exchange security discussions and regulatory oversight in the digital asset space. The hacker's release from incarceration signals a turning point in this high-profile case, drawing fresh attention to questions about law enforcement's handling of major cryptocurrency crimes, restitution frameworks, and the evolving intersection of blockchain technology with traditional criminal justice systems.

BTC1,83%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
8
Repost
Share

Comment

0/400

MetaverseMigrant

· 01-04 04:06

Hey, is that guy out? 120,000 Bitcoins... how much is that worth now?

View OriginalReply0

GateUser-c799715c

· 01-02 21:57

Released from prison? How did this guy get out? 120,000 BTC. How much is that worth?

View OriginalReply0

RatioHunter

· 01-02 21:57

Wait, is this guy really out of prison? Are 120,000 BTC just being released like that?

View OriginalReply0

RektCoaster

· 01-02 21:57

Wait, is this guy really out? 120,000 Bitcoins... How much is that worth?

View OriginalReply0

SatoshiHeir

· 01-02 21:52

It should be pointed out that the judgment logic of this case precisely exposes the fundamental contradiction between the fiat currency world and on-chain order—undoubtedly, we are witnessing the helplessness of the traditional judicial system towards decentralized assets... --- Laughing to death, another story swallowed by the system. 120,000 Bitcoins, gentlemen, this should never have happened according to Satoshi Nakamoto's white paper ideals. --- To be blunt: the root cause of such tragedies is the centralization of exchanges. Imprisoning someone changes nothing unless we truly return to the technical origins of self-custody. --- I have verified all historical documents; this case has been a living example of the war between law and cryptography since 2014—now releasing him? Ha, the judicial authorities have long given up. --- It must be admitted that this restitution framework has no constraints on the on-chain world. On-chain data shows that the real answer has never been in the court but in the code. --- Gentlemen, listen to me: this is neither victory nor defeat; it is the entire system's compromise with blockchain. Value consensus has rewritten the rules of the game.

View OriginalReply0

ZkProofPudding

· 01-02 21:51

Wait, how did this guy come out? 120,000 Bitcoins, how much is that worth?

View OriginalReply0

UncleLiquidation

· 01-02 21:42

Really? This guy just came out like that? 120,000 Bitcoins. At the current price, how much is that...

View OriginalReply0

NewDAOdreamer

· 01-02 21:41

Wait, is this guy really coming out like this? 120,000 Bitcoins, at the current price... I can't calculate exactly, but it's definitely an astronomical number. This judicial system is really outrageous.

View OriginalReply0