In a recent development, prosecutors have requested jail time for the defendant, identified as Morgan, in a high-profile cryptocurrency theft case. The court has been asked to impose a sentence that includes incarceration, in addition to other penalties.
Furthermore, prosecutors have urged the court to order Morgan to return the cryptocurrencies seized by the government directly from the Bitfinex Hack Wallet. This includes approximately 94,643.29837084 BTC, 117,376.52651940 Bitcoin Cash (BCH), 117,376.58178024 Bitcoin Satoshi Vision (BSV), and 118,102.03258447 in Bitcoin Gold (BTG). These assets are currently valued at more than $6 billion.
This request for in-kind restitution to Bitfinex is a significant development in the case, highlighting the severity of the alleged crimes committed by Morgan. The court will now have to consider the prosecution’s arguments and make a decision on the appropriate course of action.
