Couple Charged over $4.5B in Stolen BTC Strikes Plea Deal

American rapper Heather “Razelkhan” Morgan and her husband, Elijah Lichtenstein, have entered into an agreement with US attorneys general, according to a court document seen by Reuters. The pair were first arrested in February 2022 for allegedly laundering $4.5 billion worth of cryptocurrency by hacking digital asset platform, Bitfinex, in 2016.

According to Reuters, the couple will appear before Chief Justice Colleen Kollar-Koteli in Washington on August 3, 2023, for a hearing. In its work last year, the Department of Justice (DoJ) The couple charged Conspiracy to commit money laundering and defraud the United States.

In August 2016, hackers stole more than 119,000 bitcoins from Bitfinex via thousands of unauthorized transactions. The stolen BTCs, which were worth $71 million at the time, are worth about $3.5 billion at BTC’s spot market rate today.

Last year, the Department of Justice announced after the arrest of Morgan and Lichtenstein that it had seized about $3.6 billion in stolen digital assets directly related to the hack. However, prosecutors are now seeking to forfeit billions of dollars in assets.

Bitfinex continues recovery efforts

while,
finance poles It reported that Bitfinex continued efforts to recover some of the stolen cryptocurrency. Last month, the exchange received $315,000 in cash and cryptocurrency from the US Department of Homeland Security (DHS). The cryptocurrency was seized by agents and the US Border Protection, an enforcement agency of the Department of Homeland Security.

Previously, Bitfinex had been recovering small amounts of stolen bitcoins. In 2021, the exchange Recover 6.5 BTC worth $305,000 at the time through its partnership with another crypto trading platform, Poloniex. Similarly, Bitfinex in February 2019 Reclaimed 28 BTC It is worth over $107,000 from the United States Government.

Meanwhile, a recent report by the Organized Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, alleged that Bitfinex never published a confidential report that found its vulnerabilities responsible for the 2016 hack. In response, he dismissed the allegations as “factually untrue.”

American rapper Heather “Razelkhan” Morgan and her husband, Elijah Lichtenstein, have entered into an agreement with US prosecutors, according to a court document seen by Reuters. The pair were first arrested in February 2022 for allegedly laundering $4.5 billion worth of cryptocurrency by hacking digital asset platform, Bitfinex, in 2016.

According to Reuters, the couple will appear before Chief Justice Colleen Kollar-Koteli in Washington on August 3, 2023, for a hearing. In its work last year, the Department of Justice (DoJ) The couple charged Conspiracy to commit money laundering and defraud the United States.

In August 2016, hackers stole more than 119,000 bitcoins from Bitfinex via thousands of unauthorized transactions. The stolen BTCs, which were worth $71 million at the time, are worth about $3.5 billion at BTC’s spot market rate today.

Last year, the Department of Justice announced after the arrest of Morgan and Lichtenstein that it had seized about $3.6 billion in stolen digital assets directly related to the hack. However, prosecutors are now seeking to forfeit billions of dollars in assets.

Bitfinex continues recovery efforts

while,
finance poles It reported that Bitfinex continued efforts to recover some of the stolen cryptocurrency. Last month, the exchange received $315,000 in cash and cryptocurrency from the US Department of Homeland Security (DHS). The cryptocurrency was seized by agents and the US Border Protection, an enforcement agency of the Department of Homeland Security.

Previously, Bitfinex had been recovering small amounts of stolen bitcoins. In 2021, the exchange Recover 6.5 BTC worth $305,000 at the time through its partnership with another crypto trading platform, Poloniex. Similarly, Bitfinex in February 2019 Reclaimed 28 BTC It is worth over $107,000 from the United States Government.

Meanwhile, a recent report by the Organized Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, alleged that Bitfinex never published a confidential report that found its vulnerabilities responsible for the 2016 hack. In response, he dismissed the allegations as “factually untrue.”

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