Bitfinex hacker gets 5 years in prison for 120,000 bitcoin heist

November 15, 2024 at 11:39AM Ilya Lichtenstein, who stole 119,754 Bitcoin from Bitfinex in 2016, was sentenced to five years in prison after pleading guilty to money laundering. Arrested in 2022, he helped launder the funds with his wife, Heather Morgan. Authorities recovered about 80% of the stolen Bitcoin, worth $3.6 billion at seizure. ### … Read more

Man Who Stole and Laundered Roughly $1B in Bitcoin Is Sentenced to 5 Years in Prison

November 15, 2024 at 06:36AM Ilya Lichtenstein, the Bitfinex hacker who stole and laundered approximately $1 billion in Bitcoin, has been sentenced to five years in prison. **Meeting Notes Takeaways:** 1. **Individual Involved**: Ilya Lichtenstein is identified as the hacker connected to the Bitfinex theft. 2. **Crime Summary**: Lichtenstein stole bitcoin valued at approximately $1 … Read more