Bitfinex money launderer ‘Razzlekhan’ sentenced to 18 months in prison

November 18, 2024 Coin Telegraph

bitfinex

A federal judge sentenced Heather Morgan, also known as Razzlekhan, to 18 months in prison for laundering stolen Bitcoin connected to Bitfinex.

One of the two individuals responsible for laundering stolen Bitcoin connected to the 2016 hack of crypto exchange Bitfinex has been sentenced to 18 months in prison.

Washington, DC, District Court Judge Colleen Kollar-Kotelly sentenced Heather Morgan — also known by her rapper alter ego “Razzlekhan” — to 18 months in prison in a Nov. 18 hearing. Morgan pleaded guilty to conspiracy to commit money laundering and defraud the United States in August 2023.

Morgan and her husband, Ilya Lichtenstein, admitted to laundering millions of dollars worth of Bitcoin (BTC) stolen from Bitfinex before their 2022 arrests. US authorities initially suspected the couple had only been responsible for laundering the stolen funds, but Lichtenstein later admitted in court to hacking the exchange.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Infamous Crypto Hacker Behind Nearly $11,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison

November 16, 2024 The Daily Hodl

Infamous Crypto Hacker Behind Nearly ,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison

Bitcoin

The notorious hacker behind the massive $10.934 billion exploit of crypto exchange Bitfinex is being sentenced to five years in prison. According to a new press release by the U.S. Department of Justice (DOJ), Ilya Lichtenstein – who hacked Bitfinex in 2016 and fraudulently sent 119,754 Bitcoin (BTC) to a wallet under his control – […]

The post Infamous Crypto Hacker Behind Nearly $11,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Bitfinex hacker sentenced to 5 years in prison

November 15, 2024 Coin Telegraph

bitfinex

US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange.

Ilya Lichtenstein, the hacker who stole billions worth of Bitcoin from the crypto exchange Bitfinex in 2016, was sentenced to five years in prison.

Washington, DC, District Court Judge Colleen Kollar-Kotelly sentenced Lichtenstein in a Nov. 14 hearing after he pleaded guilty to conspiracy to commit money laundering in August 2023. In addition to jail time, Lichtenstein was ordered to serve three years of supervised release.

Lichtenstein was facing up to 20 years in jail, but prosecutors had recommended he serve five years as he had no prior criminal history, gave “substantial assistance” in other investigations and managed to launder only 25,111 Bitcoin (BTC) out of the 119,754 BTC he stole from Bitfinex, currently worth over $10.4 billion with the cryptocurrency priced around $87,500.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin

November 14, 2024 Bitcoin.com

bitcoin.com

The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for Bitfinex Hacker The U.S. Department of Justice (DOJ) announced Thursday that Ilya Lichtenstein has been sentenced to prison for his role in a major cryptocurrency […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Final Call: DOJ Seeks Bitfinex Hack Victims to Come Forward by Nov. 13

November 9, 2024 Bitcoin.com

bitcoin.com

The U.S. Department of Justice (DOJ) has launched a website to gather information from individuals affected by the 2016 Bitfinex hack, where approximately 120,000 BTC were stolen. The site provides a platform for potential victims to assert their rights under the Crime Victims’ Rights Act (CVRA) and submit statements detailing their losses. In 2016, defendant […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Bitfinex Breach Launderer Heather Morgan Says She Was ‘In Complete Shock’ When Husband Told Her About Hack

November 5, 2024 The Daily Hodl

bitfinex

Heather Morgan says she was “in complete shock” when she discovered her husband, Ilya Lichtenstein, had hacked the crypto exchange Bitfinex back in 2016. In 2022, Lichtenstein and Morgan – known as the “crypto couple” – were arrested for conspiring to launder $4.5 billion worth of stolen crypto assets from the Bitfinex hack. They pled […]

The post Bitfinex Breach Launderer Heather Morgan Says She Was ‘In Complete Shock’ When Husband Told Her About Hack appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Bitfinex hack launderer ‘Razzlekhan’ wants time served as sentencing looms

November 4, 2024 Coin Telegraph

bitfinex

Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein.

Heather Morgan, also known as the rapper “Razzlekhan,” has asked to avoid more prison time ahead of her sentencing for her role in laundering the Bitcoin her husband stole from the crypto exchange Bitfinex.

“Ms. Morgan has proven herself worthy of a second chance, and we respectfully ask this Court to give her that chance by imposing a sentence of time served,” Morgan’s lawyers asked a Washington, DC, federal court in an Oct. 31 filing.

They added she was subject to “difficult conditions” in her week-long pretrial incarceration — having to recover from surgery and getting COVID-19 — and, since her release in mid-February 2022, had “complied fully with the restrictive terms of pretrial release.”

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Hacker Plunders $20,000,000 Worth of Crypto From Wallet Affiliated With the US Government: Arkham

October 25, 2024 The Daily Hodl

Arkham

A hacker plundered $20 million worth of crypto from a wallet affiliated with the US government, according to the digital asset deanonymizing platform Arkham. Arkham notes the exploiter stole the crypto from a government address affiliated with funds seized from hackers who hit the exchange Bitfinex in 2016. The government address hacker stole $20 million […]

The post Hacker Plunders $20,000,000 Worth of Crypto From Wallet Affiliated With the US Government: Arkham appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

US Prosecutors Seek Reduced Sentence for Bitfinex Hacker Ilya Lichtenstein

October 16, 2024 Bitcoin.com

bitcoin theft

U.S. prosecutors are requesting a reduced sentence for Ilya Lichtenstein, the mastermind behind the 2016 Bitfinex bitcoin heist, citing his significant cooperation in recovering stolen assets. Lichtenstein faces sentencing for stealing 120,000 bitcoin, worth $71 million at the time. U.S. Government Recommends Lighter Sentence for Bitfinex Hacker Due to Cooperation Prosecutors are recommending a lighter […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Prosecutors Recommend 18-Month Prison Term for Heather Morgan in Bitfinex Hack Case

October 12, 2024 Bitcoin.com

Bitcoin

Heather Morgan, known by her rap persona “Razzlekhan,” could land an 18-month prison sentence after pleading guilty to laundering cryptocurrency linked to the 2016 Bitfinex hack. Prosecutors described her role as pivotal in obscuring stolen bitcoin through complex schemes, despite not being part of the original theft. Her cooperation, and the influence of her husband, […]

bitfinex

Share this video