#US government demands physical return of stolen funds from Bitfinex hackers#

The U.S. government has demanded the physical return of 94,000 BTC stolen in the 2016 Bitfinex hack, as per court documents. This request has garnered widespread attention, marking the first instance of the government seeking the physical return of stolen cryptocurrency. The move underscores the U.S. government's growing recognition of cryptocurrency and its commitment to combating criminal activities. Meanwhile, HashKey Group, a Hong Kong-based digital asset financial services provider, predicts Bitcoin will surpass $300,000 by 2025, reflecting the market's optimistic outlook on cryptocurrency. However, it's worth noting that South Korea plans to draft a follow-up cryptocurrency regulatory framework by the end of 2025, indicating potential uncertainty within the regulatory landscape. Overall, the U.S. government's demand for the physical return of Bitfinex hack proceeds, coupled with the market's optimistic projections, highlights the rapid evolution of the cryptocurrency industry, accompanied by fresh challenges and opportunities.