The UK court orders Bitfinex to freeze $ 860,000 worth of Bitcoin

Bitfinex, Hong Kong’s iFinex cryptocurrency exchange, was ordered by the UK High Court to freeze $ 860,000 worth of bitcoin after blockchain analytics firm Chainalysis returned the funds to a ransomware payment.

The 96 bitcoin account was with “the hacking of one [unnamed] Canadian Insurance Company “according to a court filing dated January 17, 2020 first reported by New Money Review. The report read: “A hacker managed to …

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