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Bitfinex cyberpunk obtains 5 years behind bars for bitcoin cash laundering plan


Booking pictures for Heather Morgan and Ilya Lichtenstein.

Courtesy: Alexandria Adult Detention Center.

A male whose 2016 hack of Bitfinex drained pipes almost 120,000 bitcoin from that cryptocurrency exchange was punished Thursday to 5 years behind bars for a cash laundering plan that he and his other half carried out to conceal the swiped crypto.

The worth of that bitcoin at the time of the Bitfinex cyberattack was simply $70 million when it was swiped byIlya Lichtenstein

That crypto currently deserves $10.5 billion because of the surge in bitcoin’s rate given that 2016.

Lichtenstein, 35, and his other half, Heather Rhiannon Morgan, begged guilty to cash laundering conspiracy theory in government court in Washington, D.C., in August 2023, concerning 18 months after their apprehension.

It went to that appeal hearing that Lichtenstein initially openly confessed that he had actually been the cyberpunk of Bitfinex.

Lichtenstein had actually encountered an optimum feasible sentence of two decades behind bars.

He will certainly obtain credit rating for the 29 months he has actually offered captive. With credit rating permanently actions, which is common in the government chastening system, Lichtenstein might be launched from jail in much less than 2 years.

Morgan is set up to be punished Monday inWashington

This is damaging information. Please revitalize for updates.



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