• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ilya Lichtenstein Receives Five-Year Sentence for Bitfinex Hack

user avatar

by Giorgi Kostiuk

a year ago


Ilya Lichtenstein has been sentenced to five years in prison for his role in the 2016 Bitfinex hack and conspiracy to commit money laundering.

Trial and Sentencing

On November 14, in the United States District Court for the District of Columbia, Judge Colleen Kollar-Kotelly sentenced Ilya Lichtenstein to five years in prison following his guilty plea to conspiracy to commit money laundering. Prosecutors had recommended five years for the Bitfinex hacker for his involvement in the theft of Bitcoin (BTC), valued at billions of dollars at the time of publication.

History of the Hack

In 2016, Lichtenstein and his wife Heather Morgan, also known by her rapper name Razzlekhan, stole 119,754 BTC from the Bitfinex exchange. The pair allegedly laundered roughly 95,000 BTC prior to their arrest in February 2022.

Future Legal Proceedings

Heather Morgan is scheduled to be sentenced on November 18 and has requested the judge to impose no more prison time than her husband received. She pleaded guilty to conspiracy to commit money laundering and defraud the US. Additionally, FTX co-founder Gary Wang is soon to face sentencing in the FTX case.

The legal proceedings are ongoing, with updates expected as more information becomes available.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Marina Protocol offers users various ways to earn.

chest

Marina Protocol offers users multiple ways to earn cryptocurrency, including Daily Quiz, Auto Mining, Daily Ticket, Daily Tasks, and Referrals.

user avatarLeo van der Veen

Ethereum Price Chart Shows Signs of Weakening Selling Pressure

chest

The Ethereum price chart indicates a potential weakening of selling pressure, despite the current price stagnation.

user avatarLi Weicheng

Marina Protocol Daily Quiz Set to Launch on December 25, 2025

chest

Marina Protocol is set to launch its Daily Quiz on December 25, 2025, allowing users to earn PSURF tokens by answering questions correctly.

user avatarTenzin Dorje

Hong Kong SFC Takes Action Against Globiance X for Unlicensed Trading

chest

On December 24, the Hong Kong Securities and Futures Commission (SFC) flagged Globiance X Limited and Globiance HK Limited for suspected unlicensed virtual asset trading platform activities, raising concerns among investors regarding withdrawal issues.

user avatarAisha Farooq

Bitcoin Holds Near 87K as Medium-Term Structure Weakens

chest

Bitcoin is consolidating near the 87,300 level after a corrective move, with its medium-term structure showing signs of weakness.

user avatarBayarjavkhlan Ganbaatar

Hong Kong SFC Targets Globiance X for Unlicensed Activities

chest

The Hong Kong Securities and Futures Commission has added Globiance X Limited and Globiance HK Limited to its list of suspicious virtual asset trading platforms due to unlicensed activities.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.