He digital currency exchange known as Bitfinex said on July 6 that it received $312,219.71 in cash along with 6,917 bitcoin cash by the United States Department of Homeland Security.

The seizure was carried out with the assistance of the United States Customs and Border Protection.

Stolen assets will be reimbursed to Bitfinex clients who were affected by the breach in 2016 on a pro-rata basis.

After holders of Unus Sed Leo (LEO), Bitfinex’s native token, have redeemed their RRTs with the recovered assets, the remaining funds will be distributed among those holding Unus Sed Leo.

Bitfinex suffered a security breach in 2016, resulting in the loss of Bitcoin belonging to 119,576 clients. These Bitcoin were valued at around $70 million at the time, but are now worth $3.7 billion.

Ilya Lichtenstein and Heather Morgan, his wife, were arrested by the United States Department of Justice on February 8, 2022. The two were reportedly involved in a conspiracy to launder cryptocurrency that was related to the breach.

Efforts to recover the money are still in progress at this time.