Bitfinex Offers $3.5 Million Bounty for Stolen Bitcoin

Bitfinex has offered a reward for the return, or info leading to the return, of the Bitcoin stolen in the recent hack.
Reddit user someguy916 posted in the /r/Bitcoin subreddit inquiring as to how much of a reward Bitfinex would be willing to offer for the stolen coins. Zane Tackett, Director of Community and Product development, responded with an offer for a small percentage:
’5% of recovery and for information leading to recovery (but no bounty if no recovery); if multiple persons lead to recovery, share pro rata’
When pressed to get that offer into a blockchain contract, Tackett responded that he would respond when he could give a more definite answer.
The hack resulted in the loss of 119,756 BTC, or about $70 million in Bitcoin. The offered 5% would amount to about 5,988 BTC, or $3.5 million. Quite a sum, to be sure, but it still pales in comparison with the scope of the amount lost in the hack.

This post was published at Coin Telegraph on 2016-08-12.