HomeBitcoinCouple Who Allegedly Laundered Bitcoin (BTC) From Massive Bitfinex Hack In 2016...

Couple Who Allegedly Laundered Bitcoin (BTC) From Massive Bitfinex Hack In 2016 Seems To Reach Pleasing Agreement

-

The notorious crypto couple accused of attempting to launder billions of dollars worth of Bitcoin (BTC) from the massive 2016 Bitfinex hack appear to have reached a plea deal.

Court records indicate that Ilya Lichtenstein and his wife Heather Morgan reached a plea deal with prosecutors this week, though details of the deal are not yet public at the time of writing.

According to an entry in the federal court docket, the duo’s case is closed, suggesting they have already settled with prosecutors.

The husband and wife have a plea hearing scheduled for Aug. 3, according to CNBC.

The pair allegedly attempted to launder Bitcoin that was stolen from Bitfinex after a hacker breached the exchange’s systems and then sent the stolen crypto to a wallet under Lichtenstein’s control.

After allegedly seizing the stolen Bitcoin, the feds say Lichtenstein and Morgan used a series of complex strategies to try to obfuscate their digital paper trail, including sending the crypto to dark web markets, using fake identities, and using US-based business accounts to legitimize their banking.

In February 2022, the US Department of Justice seized 119,754 BTC worth a staggering $3.6 billion at the time from Lichtenstein and Morgan.

Morgan is a former Forbes columnist and CEO of a writing firm. She is also a YouTube rapper known as “Razzlekhan” and is also nicknamed “the Versace Bedouin” and “the Wall Street crocodile”.

A TV limited series about the couple titled “Razzlekhan: The Infamous Crocodile of Wall Street” is reportedly in development on Hulu.

Don’t miss a thing – sign up to get email alerts straight to your inbox

Check Price Action

follow us TwitterFacebook and Telegram

Surf The Daily Hodl Mix

Check the latest news headlines

&nbsp

Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investment in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any loss you may incur is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment adviser. Please note that The Daily Hodl is involved in affiliate marketing.

Image generated: half way

LATEST POSTS

Quant Analyst PlanB Says Bitcoin Bull Market Is Underway, Predicts BTC Will Outperform Major Asset Classes

Closely watched quant analyst PlanB says Bitcoin (BTC) is now on track to expand by trillions of dollars to compete with some of the largest...

Bitget Reinforces Its Leadership In Smart Cryptocurrency Trading With Rebranding Initiative

Bitget, a leading crypto derivatives and copy trading platform, announced a rebranding initiative on July 25, 2023, with the aim of reinforcing its position as...

Coinbase vs. SEC: Key dates and details for upcoming court hearings

The legal battle between Coinbase, a major cryptocurrency exchange, and the United States Securities and Exchange Commission (SEC) has reached a significant milestone. Hearing...

Benjamin Cowen Issues Cardano Warning, Says ADA Repeats Hard Times of 2019

Widely followed crypto analyst Benjamin Cowen warns that Ethereum (ETH) rival Cardano (ADA) is repeating a downward pattern from 2019. In a new strategy session, Cowen...

Most Popular