1 month ago
18
A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts.
Ilya Lichtenstein pleaded guilty last year in the case involving the Bitfinex cryptocurrency exchange being hacked in 2016 and the theft of almost 120,000 bitcoin.
He laundered the stolen cryptocurrency with the help of his wife Heather Morgan, who used the alias Razzlekhan to promote her hip hop music.
At the time of the theft, the bitcoin was worth around US $70 million, but had risen in value to more than US $4.5 billion by the time they were arrested.
At today’s prices they would be worth more than double that.
Deputy Attorney General Lisa Monaco said at the time, the US $3.6 billion worth of assets recovered in the case was the biggest financial seizure in the Department of Justice’s history.
English (US) ·