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

The U.S. government has demanded Bitfinex return 94,000 BTC stolen in a 2016 hack in court filings, emphasizing that restitution should be in kind. This demand signifies that the government wants Bitfinex to return the stolen Bitcoin, not compensate with an equivalent amount in U.S. dollars or other currencies. The demand has garnered industry attention as it would be the first time the government has required a cryptocurrency exchange to return stolen cryptocurrency in kind. Meanwhile, Hong Kong digital asset financial services provider HashKey Group has predicted Bitcoin will break $300,000 in 2025, indicating an optimistic outlook on the future of cryptocurrency. However, South Korea plans to draft a follow-up cryptocurrency regulatory framework by the end of 2025, signaling that regulators are tightening their grip on the cryptocurrency industry. Overall, the U.S. government's demand for Bitfinex to return stolen Bitcoin reflects regulators' attention to the cryptocurrency industry, as well as market expectations for the future development of cryptocurrency.