• 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

White House Post Ignites 564% PENGUIN Rally

chest

A viral post from the White House featuring President Trump holding hands with a penguin has triggered a remarkable 564% surge in the PENGUIN memecoin within just 24 hours.

user avatarArif Mukhtar

Dormant SOL Wallet Withdraws 80,000 SOL from Binance

chest

A dormant Solana wallet has withdrawn 80,000 SOL from Binance, indicating long-term holding intentions.

user avatarMaria Gutierrez

US Dollar Declines Significantly as Yen Strengthens

chest

This week, the US dollar experienced its steepest decline since last May, driven by policy uncertainties and tariff tensions, while the Japanese Yen surged.

user avatarDavid Robinson

South Korean Court Dismisses Upbit Lawsuit, Clarifying Exchange Liability

chest

A South Korean court dismissed a lawsuit against Upbit operator Dunamu, clarifying exchange liability during national emergencies.

user avatarAndrew Smith

HTX Positions Itself Ahead of AI and DeFi Trends with Strategic Listings

chest

HTX positions itself ahead of AI and DeFi trends by listing key assets like PIPPIN and ASTER, achieving significant returns.

user avatarJacob Williams

HTX Capitalizes on Community Sentiment with Strategic Listings

chest

HTX successfully listed several high-performing assets in 2025, capitalizing on community sentiment and market trends.

user avatarAyman Ben Youssef

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.