Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Heather 'Razzlekhan' Morgan sentenced to 18 months for role in Bitfinex heist: Bloomberg

Heather 'Razzlekhan' Morgan sentenced to 18 months for role in Bitfinex heist: Bloomberg

The BlockThe Block2024/11/17 16:00
By:The Block

Quick Take Heather. Morgan, who also goes by her rap name, “Razzlekahn,” was sentenced in a Washington D.C. court on Monday. Morgan’s husband, Ilya “Dutch” Lichtenstein was sentenced to five years in prison for his role last week.

Heather 'Razzlekhan' Morgan sentenced to 18 months for role in Bitfinex heist: Bloomberg image 0

Heather Morgan, also known as the rapper "Razzlekhan," was sentenced to 18 months in prison for her role in the Bitfinex crypto exchange hack, Bloomberg reports . The sentencing took place Monday in a Washington, D.C. court.

Morgan's husband, Ilya "Dutch" Lichtenstein, was sentenced to five years in prison for his role last week. He had been charged with conspiracy to commit money laundering and conspiracy to defraud the United States. Prosecutors said Morgan played a smaller role in the money laundering conspiracy, and recommended a shorter sentence than Lichtenstein's. Morgan also wasn't involved in the hack, according to Bloomberg. 

Lichtenstein and Morgan were accused of laundering bitcoin, worth $4 billion at the time of the seizure, related to the 2016 hack of Bitfinex.

Before her arrest, Morgan penned columns offering advice on  protecting businesses from cybercriminals and more effectively socially engineering—a hacking term—"your way into anything."

According to the government, Lichtenstein and Morgan allegedly conspired to launder 119,754 bitcoin in August 2016, which at the time was valued at close to $71 million. Both pleaded guilty in August 2023. 


0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!