Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
The prominent NFT project is on the verge of parting with a significant portion of its treasury as disillusioned investors prepare to make their exit.
Prosecutors reported that they successfully resolved the majority of Bankman-Fried's laptop problems with assistance from the defense earlier this week. Meanwhile, the defense remains steadfast in their pursuit of a "temporary release."
Federal investigators spent years hunting for clues in the 2016 hacking of the Bitfinex cryptocurrency exchange, when thieves stole bitcoin now worth $4.5 billion. In the end, what helped lead them to two suspects was something much more quotidian: a $500 Walmart gift card.
According to reports, federal investigators obtained a warrant to search the couple’s email accounts and later a search warrant for the Lichtenstein’s Wall Street apartment over suspicions regarding the bitcoin heist.
It revealed last week in court that more than $3.6 billion worth of bitcoin linked to the 2016 hack has been seized having allegedly been in crypto wallets controlled by the couple.
Hackers were able to steal 119,754 BTC from the cryptocurrency exchange Bitfinex, which was worth $71 million at the time but are now valued at approximately $4.5 billion. A husband and wife team are suspected of funneling the stolen bitcoin into a digital wallet.
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