#U.S. government demands Bitfinex return stolen Bitcoin#

The US government has demanded in court documents that Bitfinex return the 94,000 bitcoins stolen in a 2016 hack, and has requested their return in physical form. This demand means the government wants Bitfinex to find and return the stolen bitcoins, rather than being compensated with an equivalent amount in US dollars. This suggests a shift in the US government's regulatory stance on cryptocurrencies, as it begins to prioritize the recovery of stolen crypto assets. Meanwhile, HashKey Group, a Hong Kong digital asset financial service provider, predicts that Bitcoin will break through $300,000 in 2025, a prediction that also reflects the market's optimistic expectations for cryptocurrencies. While it remains unclear how Bitfinex will find and return the stolen bitcoins, the US government's demand is sure to have a significant impact on the cryptocurrency industry and could push the industry to strengthen security measures to prevent similar incidents from occurring again.