FBI Investigating The Theft Of 1.3m Bitcoin From Massachusetts Man

The FBI is working with Massachusetts police to recover funds stolen from a Bitfinex user, Coindesk reports. An unnamed Cambridge, Massachusetts resident filed a police report in September, shortly after the company encountered a $70,000,000 Bitcoin theft. The theft was reportedly tied to the initial Bitfinex breach.

Cambridge police took and filed the report but have since handed the case over to the FBI. According to Bitfinex representatives, a collaboration between the FBI and the Bitcoin exchange has already been established. “We are working with the FBI and European authorities on the investigation,” a Bitfinex employee wrote. No FBI spokesperson has made any comment as to how such an investigation would carry out.



As Coindesk points out:

The incident report – and word that the FBI is looking into the matter – offers a rare detail into the post-hack investigation said to be taking place. However, the status of the investigation and the extent to which the FBI has pursued the lead remains unknown at this time.

The unnamed Cambridge resident claimed to lose funds beyond Bitfinex’s IOU tokens issued to victims of the breach. Specific details remain unclear. However,

Read more ... source: TheBitcoinNews