The funds will be redistributed to holders of Bitfinex's Recovery Right Tokens, digital coins issued to people who suffered financial losses due to the hack.
[13] In early 2017, small amounts of the stolen bitcoins began to be moved from the wallet it had been initially stored in to the Dark Web marketplace AlphaBay with the intention of laundering it.
After AlphaBay was shuttered by international law enforcement led by the FBI, the money was rerouted to the Russian marketplace Hydra.
The shutdown of AlphaBay may have given law enforcement access to the service's internal transaction logs and allowed it to identify the perpetrators.
[17] Though the stolen bitcoins could be tracked through public transactions logged on the blockchain, it was only after the wallet passwords were recovered that law enforcement could access and seize their contents.
[20] Although hundreds of millions of dollars were converted to fiat currency, 80% of the bitcoins (approximately 94,000) remained in the original wallet at the center of the hack.