#Stolen Bitcoin will be returned to Bitfinex#

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The U.S. government has stated in court documents that the 94,000 BTC stolen in the 2016 Bitfinex hack should be returned to the cryptocurrency exchange in kind. This news has garnered widespread attention and once again brought the issue of cryptocurrency security to the forefront. Meanwhile, HashKey Group predicts that Bitcoin will break through $300,000 and Ethereum will surpass $8,000 this year, propelling the total cryptocurrency market capitalization to $10 trillion. This prediction also suggests that institutional investors remain confident in the long-term development of cryptocurrencies, despite recent market volatility.

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The U.S. government has made it clear in court documents that the 94,000 BTC stolen in the 2016 Bitfinex hack should be returned to the cryptocurrency exchange in a physical form. This decision means that Bitfinex will gain actual control of the stolen Bitcoin, rather than simply receiving cash compensation equivalent to its value. This news has sparked speculation in the market about the future trajectory of cryptocurrencies, with Hong Kong-based regulated digital asset financial services provider HashKey Group predicting that Bitcoin will break through $300,000 this year, while Ethereum will break through $8,000, pushing the total cryptocurrency market cap to $10 trillion. This prediction also reflects the market's continued optimism about cryptocurrencies, as well as a positive interpretation of the Bitfinex incident. However, it's worth noting that South Korea plans to draft a subsequent cryptocurrency regulatory framework by the end of 2025, with initial discussions focusing on the transparency and accountability of exchanges and stablecoin issuers. This indicates the regulators' attention to the cryptocurrency industry, as well as their guidance on future development directions.

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Bitfinex stolen 94,000 BTC should be returned to the exchange in kind, the US government argued in court filings.

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HashKey predicts BTC will break through $300,000 in 2025.

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South Korea plans to draft a follow-up cryptocurrency regulatory framework by the end of 2025.

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