Ilya Lichtenstein admitted to laundering the $4.5B worth of Bitcoin stolen during the 2016 Bitfinex attack; his wife Heather Morgan also pleaded guilty.

Seven-year-long Investigation Comes to an End

According to the CNBC report, resident of New York City Ilya Lichtenstein admitted to being the original hacker behind the 2016 Bitfinex attack in a federal court in Washington, D.C on July 3. On the same day, his wife Heather Morgan also pleaded guilty to the counts of money laundering and conspiracy related to the hack.

The cyberattack deprived Bitfinext of almost 120 BTC, which was worth $70 million at the time and has since risen to the price of $4.5 billion. It took the US Department of Justice (DOJ) seven years to seize the stolen funds and the person responsible for the hack. 

“Bitfinex diligently worked with the U.S. Department of Justice to identify the perpetrators of the hack, recover the stolen bitcoin, and bring the hackers to justice,” said an external spokesperson for Bitfinex. “After seven years, those efforts have come to fruition.”

The Bizarre Couple Caught for Money Laundering

Ilya Lichtenstein and his wife Heather Morgan, also known as “Razzlekhan” (the name she uses to publish her comedy rap videos) were arrested on charges of money laundering and theft in connection to the 2016 Bitfinex hack in February 2022. However, the Department of Justice didn’t accuse the couple of being the original hackers behind the attack at that time. 

Morgan proclaimed to be a cybercrime expert specializing in social engineering on her LinkedIn, while Lichtenstein had technical background in coding and data analysis. These facts suggested that the couple had enough expertise to pull off the hack, even though many didn’t believe it due to the image of eccentric personas the

Go to Source to See Full Article
Author: Olga Krasilnikova

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.