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Liechtenstein Sentenced for Stealing 120,000 Bitcoins from Bitfinex

Liechtenstein Sentenced for Stealing 120,000 Bitcoins from Bitfinex

HappyCoinNews2024/11/16 07:33
By: HappyCoinNews
BTC-1.40%

American federal court read out the verdict for hacker Ilya Lichtenstein, who hacked a cryptocurrency exchange in 2016 Bitfinex .

Ilya stole about 120 bitcoins worth $000 million at the exchange rate at that time from the trading platform. Now this amount of coins is worth $72 billion. Together with his wife Heather Morgan, he legalized the illegally obtained income until February 10,5, when he was arrested by the police.

Lichtenstein was charged with conspiracy to launder money and committing fraud against the United States. For these offenses, he could have been imprisoned for 20 and five years, respectively, but the judge handed down a lenient verdict, sentencing Ilya to five years in prison.

The hacker was given leniency because he cooperated with the police and helped investigate other crimes, such as those committed by the founder. Bitcoin -mixer Bitcoin Fog Roman Sterling, who was recently sentenced to 12 and a half years in prison for money laundering.

Heather, known by her stage name Razzlekhan, is scheduled to be sentenced on November 18. In between rapping, she helped her husband launder stolen bitcoins, so she was also charged with laundering digital assets. But Morgan will face less severe punishment because prosecutors only asked for 18 months in prison.

Liechtenstein Sentenced for Stealing 120,000 Bitcoins from Bitfinex image 0

Heather Morgan with Ilya

EN @happycoinnews
EN @happycoinnews_en
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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