• 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

Co-Founder of Samourai Wallet Receives Four-Year Prison Sentence.

chest

William Bill Hill, co-founder of Samourai Wallet, has been sentenced to four years in prison for running an unlicensed money transmission business.

user avatarMaya Lundqvist

Bitcoin Price Decline Continues Below 90,000

chest

Bitcoin has experienced a significant decline, falling below the 90,000 mark and showing bearish signs.

user avatarLeo van der Veen

Bitcoin's Correlation with Nasdaq Reaches New Heights Amid Market Uncertainty

chest

Bitcoin's correlation with the Nasdaq has surged to its highest level in months due to volatility in the Big Tech industry and concerns over Federal Reserve policy.

user avatarLi Weicheng

Block's Leadership Initiatives Enhance Market Optimism

chest

Block's recent commitment to transparency and strategic communications has significantly improved stakeholder confidence and market optimism.

user avatarMohamed Farouk

Top Crypto Gainers and Losers on November 21, 2025

chest

On November 21, 2025, Pi PI had the highest gain at 387%, while MYX Finance MYX faced the largest drop at 1975%, showcasing the volatility in the cryptocurrency market.

user avatarAisha Farooq

Speculative Bullish Reversal Identified in WLFI Trading

chest

World Liberty Financial Coin (WLFI) shows signs of a potential bullish reversal amid increased trading volume, but lacks official confirmation from leadership.

user avatarBayarjavkhlan Ganbaatar

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.