The US government may acknowledge Bitfinex as the sole qualified exchange for victim restitution in the substantial 2016 hack that compromised 120,000 BTC. This development was reported by CryptoSlate, highlighting that "the U.S. government has stated in its filings that it is not aware of any other qualified entity, other than Bitfinex, that is a victim under either the Crime Victims Rights Act (CVRA) or the Mandatory Victims Restitution Act (MVRA)." This recognition effectively establishes Bitfinex as the primary victim of the hack. In response to the hack, Bitfinex implemented a 36% reduction in customer account balances and distributed BFX tokens as compensation for the losses incurred. Subsequently, some customers opted to redeem these tokens or acquire equity in Bitfinex's parent company, iFinex. However, these actions raised concerns that Bitfinex prioritized its own recovery over individual customers. CryptoSlate's report acknowledges that "Bitfinex has been proactive in its pursuit of user compensation and asset recovery since the hack, and it appears these efforts are being used to establish legal standing to return the seized assets."