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Home»Scams»Couple Who Allegedly Laundered Bitcoin (BTC) From Massive 2016 Bitfinex Hack Appear To Reach Plea Deal
Scams

Couple Who Allegedly Laundered Bitcoin (BTC) From Massive 2016 Bitfinex Hack Appear To Reach Plea Deal

2023-07-22No Comments2 Mins Read
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The infamous crypto couple accused of making an attempt to launder billions of {dollars} price of Bitcoin (BTC) from the huge 2016 Bitfinex hack seems to have reached a plea settlement.

Courtroom information point out Ilya Lichtenstein and his spouse Heather Morgan reached a plea take care of prosecutors this week, although the settlement’s particulars aren’t but public at time of writing.

In keeping with a federal court docket docket entry, the duo’s case is closed, suggesting that they’ve already reached an settlement with the prosecutors.

The husband and spouse have a plea listening to scheduled for August third, based on CNBC.

The couple allegedly tried to launder Bitcoin that was stolen from Bitfinex after a hacker breached the trade’s techniques after which despatched the stolen crypto to a pockets beneath Lichtenstein’s management.

After allegedly getting maintain of the stolen Bitcoin, the feds say that Lichtenstein and Morgan used a sequence of complicated methods to try to obfuscate their digital paper path, together with sending the crypto to darknet markets, using faux identities and utilizing US-based enterprise accounts to legitimize their banking exercise.

In February 2022, the U.S. Division of Justice seized 119,754 BTC price a staggering $3.6 billion on the time from Lichtenstein and Morgan.

Morgan is a former Forbes columnist and chief government of a copywriting agency. She’s additionally a YouTube rapper often known as “Razzlekhan” and he or she additionally goes by the nicknames “the Versace Bedouin” and “the Crocodile of Wall Avenue.”

A tv restricted sequence concerning the couple titled “Razzlekhan: The Notorious Crocodile of Wall Avenue” is reportedly in growth at Hulu.

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