Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
Bitcoin’s daily realized profit metric has fallen 76% after the initial hype about $100,000 Bitcoin began to wane off, according to crypto analysts. Go to Source
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Bitfinex Securities debuts tokenized US T-bills under El Salvador laws
Bitfinex Securities’ initial offering targets to raise a minimum of $30 million to proceed with the issuance of the token that will be traded under the ticker USTBL. Go to Source
Bitfinex money launderer ‘Razzlekhan’ sentenced to 18 months in prison
A federal judge sentenced Heather Morgan, also known as Razzlekhan, to 18 months in prison for laundering stolen Bitcoin connected to Bitfinex. Go to Source
Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin
The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for Bitfinex Hacker The U.S. Department of Justice (DOJ) announced Thursday that Ilya Lichtenstein has been sentenced to prison for his role in a major cryptocurrency … Read more
Bitfinex hacker sentenced to 5 years in prison
US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange. Go to Source
Final Call: DOJ Seeks Bitfinex Hack Victims to Come Forward by Nov. 13
The U.S. Department of Justice (DOJ) has launched a website to gather information from individuals affected by the 2016 Bitfinex hack, where approximately 120,000 BTC were stolen. The site provides a platform for potential victims to assert their rights under the Crime Victims’ Rights Act (CVRA) and submit statements detailing their losses. In 2016, defendant … Read more
Bitfinex hack launderer ‘Razzlekhan’ wants time served as sentencing looms
Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein. Go to Source
US Prosecutors Seek Reduced Sentence for Bitfinex Hacker Ilya Lichtenstein
U.S. prosecutors are requesting a reduced sentence for Ilya Lichtenstein, the mastermind behind the 2016 Bitfinex bitcoin heist, citing his significant cooperation in recovering stolen assets. Lichtenstein faces sentencing for stealing 120,000 bitcoin, worth $71 million at the time. U.S. Government Recommends Lighter Sentence for Bitfinex Hacker Due to Cooperation Prosecutors are recommending a lighter … Read more
Prosecutors Recommend 18-Month Prison Term for Heather Morgan in Bitfinex Hack Case
Heather Morgan, known by her rap persona “Razzlekhan,” could land an 18-month prison sentence after pleading guilty to laundering cryptocurrency linked to the 2016 Bitfinex hack. Prosecutors described her role as pivotal in obscuring stolen bitcoin through complex schemes, despite not being part of the original theft. Her cooperation, and the influence of her husband, … Read more
Only Bitfinex may get restitution in 2016 hack, per government filing
Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward. Go to Source