Israeli Police Arrests Two Brothers Allegedly Responsible For Bitfinex Hack

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As per an Israeli police spokesperson, who is quoted by the Finance Magnates, the two suspects Eli Gigi and his younger brother Assaf Gigi have siphoned tens of millions of dollars. The duo is also suspected to be involved in the long-term systematic theft of cryptocurrencies. through maliciously obtaining access to other users’ accounts.

Reportedly, the funds from the aforementioned attack have been moved recently. As per the police, the alleged victims mostly worked out of the European Union and the United States, which lead to the matter being investigated by multiple law enforcement agencies in several countries. 

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