Couple Accused Of Laundering $4.5B In Crypto Tied To Bitfinex Hack Have Entered Into Plea Agreement With U.S. Prosecutors
Portfolio Pulse from Happy Mohamed
A couple has entered into a plea agreement with U.S. prosecutors for allegedly laundering $4.5 billion in cryptocurrency tied to the Bitfinex hack.
July 21, 2023 | 2:53 pm
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NEGATIVE IMPACT
The plea agreement in the Bitfinex hack case could potentially impact the price of Bitcoin.
The news of a plea agreement in a case involving a large amount of laundered Bitcoin could potentially lead to increased regulatory scrutiny and negatively impact the price of Bitcoin in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The plea agreement in the Bitfinex hack case could potentially impact the price of Ethereum.
The news of a plea agreement in a case involving a large amount of laundered cryptocurrency could potentially lead to increased regulatory scrutiny and negatively impact the price of Ethereum in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70