{"id":256983,"date":"2024-03-01T07:05:54","date_gmt":"2024-03-01T01:35:54","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=256983"},"modified":"2024-03-01T07:05:54","modified_gmt":"2024-03-01T01:35:54","slug":"man-behind-4500000000-bitfinex-hack-turns-into-federal-witness-in-money-laundering-trial-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/man-behind-4500000000-bitfinex-hack-turns-into-federal-witness-in-money-laundering-trial-crypto-news\/","title":{"rendered":"Man Behind $4,500,000,000 Bitfinex Hack Turns Into Federal Witness in Money Laundering Trial &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The infamous hacker who orchestrated the massive 2016 exploit of the crypto exchange Bitfinex has reportedly turned into a government witness.<\/p>\n<p>In 2022, Ilya Lichtenstein and Heather Morgan \u2013 known as the \u201ccrypto couple\u201d \u2013 were <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.justice.gov\/opa\/pr\/two-arrested-alleged-conspiracy-launder-45-billion-stolen-cryptocurrency\">arrested<\/a> for conspiring to launder $4.5 billion worth of stolen crypto assets from the Bitfinex hack. They <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2023\/08\/04\/bitfinex-heist-ilya-lichtenstein-admits-he-was-behind-colossal-2016-crypto-exchange-hack\/\">pled guilty<\/a> to the crime last year.<\/p>\n<p>Now, Lichtenstein has appeared as a cooperating US government witness in an ongoing money laundering trial centered around the crypto mixing service Bitcoin Fog, according to a new <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-27\/crypto-heist-mastermind-ilya-lichtenstein-turned-us-cooperating-witness\">Bloomberg<\/a> report.<\/p>\n<p>Lichtenstein testified that he had access to Bitfinex\u2019s systems for months and also exploited accounts at US crypto exchanges Coinbase and Kraken.<\/p>\n<p>The hacker also reportedly testified that he employed Bitcoin Fog up to 10 times to launder his stolen proceeds, though he noted that he later switched to other mixers, according to the report.<\/p>\n<p>The Federal Bureau of Investigation (FBI) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2021\/04\/29\/fbi-arrests-man-accused-of-running-335000000-bitcoin-money-laundering-service\/\">arrested<\/a> Roman Sterlingov, the alleged principal operator of Bitcoin Fog, back in 2021.<\/p>\n<p>Lichtenstein, who also goes by the name \u201cDutch,\u201d described himself on LinkedIn as a \u201ctechnology entrepreneur, coder and investor.\u201d<\/p>\n<p>Morgan is a former Forbes columnist and chief executive of a copywriting firm. She\u2019s also an idiosyncratic YouTube rapper known as \u201cRazzlekhan.\u201d<\/p>\n<p>A feature film about the couple titled \u201cRazzlekhan\u201d is reportedly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/deadline.com\/2022\/09\/lily-collins-star-razzlekhan-the-infamous-crocodile-of-wall-street-limited-series-hulu-crypto-bitcoin-heather-morgan-1235122475\/\">in development<\/a> at Amazon MGM Studios, according to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/deadline.com\/2024\/01\/razzlekhan-movie-hannah-marks-lili-reinhart-amazon-mgm-1235804899\/\">Deadline<\/a>.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The infamous hacker who orchestrated the massive 2016 exploit of the crypto exchange Bitfinex has reportedly turned into a government witness. In 2022, Ilya Lichtenstein and Heather Morgan \u2013 known as the \u201ccrypto couple\u201d \u2013 were arrested for conspiring to launder $4.5 billion worth of stolen crypto assets from the Bitfinex hack. They pled guilty [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":256984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-256983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=256983"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256983\/revisions"}],"predecessor-version":[{"id":256986,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256983\/revisions\/256986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/256984"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=256983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=256983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=256983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}