Bitfinex Hacker Gets 5 Years for $10B Bitcoin Laundering 💰
Ilya Lichtenstein, responsible for a major 2016 Bitfinex hack, has been sentenced to five years in prison for laundering over $10 billion in stolen Bitcoin. Learn how he concealed the massive crypto theft.
About this video
Ilya Lichtenstein was sentenced to five years for a money-laundering scheme to conceal stolen cryptocurrency. Lichtenstein hacked Bitfinex in 2016, siphoning off 120,000 bitcoins valued at $70 million. The bitcoin is worth over $10 billion and was partially recovered by the Department of Justice, with plans to return it to rightful owners. Lichtenstein's wife, Heather Morgan, a lesser participant in the scheme, will be sentenced Monday.
Video Information
Views
952
Total views since publication
Duration
0:34
Video length
Published
Nov 15, 2024
Release date
About the Channel
Related Trending Topics
LIVE TRENDSThis video may be related to current global trending topics. Click any trend to explore more videos about what's hot right now!
THIS VIDEO IS TRENDING!
This video is currently trending in Poland under the topic 'bitcoin'.
Share This Video
SOCIAL SHAREShare this video with your friends and followers across all major social platforms including X (Twitter), Facebook, Youtube, Pinterest, VKontakte, and Odnoklassniki. Help spread the word about great content!