Husband in Bitfinex Money Laundering Duo Cops to Hacking the Exchange
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In a surprise development, Ilya Lichtenstein, who along with his wife Heather Morgan pleaded guilty to laundering funds from the 2016 hack of crypto exchange Bitfinex, also admitted to the hack at a hearing in federal court in Washington, DC, saying that in 2016 he broke into crypto exchange Bitfinex’s network and stole bitcoin that is now worth billions of dollars.
The party responsible for the Hong Kong-based crypto exchange hack had long been unknown. The hack involved about 2,000 unauthorized Bitcoin transfers worth about $71 million to an outside account. Over the years, the value of the stolen cryptocurrency ballooned, reaching $4.5 billion when the two defendants were arrested in February 2022.
Morgan, who also presented herself as a rapper called RazzleKhan, pleaded guilty at a separate hearing in the same cou…