Bitfinex: Buried Gold, Burning Trash, and Crypto Treasures
US Couple Reveals Shocking Tale of Hiding Hacked Crypto from Bitfinex According to a news article by CyberNews, a husband-and-wife duo pleaded guilty in an elaborate scheme to launder stolen money from a 2016 crypto hack involving Bitfinex. Conceding guilt, the pair confessed to laundering funds from Bitfinex hack by burying gold and burning documents […]
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by Mike Adams
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US Couple Reveals Shocking Tale of Hiding Hacked Crypto from Bitfinex
According to a news article by CyberNews, a husband-and-wife duo pleaded guilty in an elaborate scheme to launder stolen money from a 2016 crypto hack involving Bitfinex. Conceding guilt, the pair confessed to laundering funds from Bitfinex hack by burying gold and burning documents in Kazakhstan. Moscow-born US citizen Ilya Lichtenstein admitted to hacking the exchange and enlisting his wife, an online rapper named Heather Morgan who has gone by the alias “Razzlekhan,” to help conceal some 119,754 stolen bitcoin. Initially valued at $71 million during the hack, the tokens surged to over $4.5 billion by their February 22 arrests in New York. At the time, Deputy Attorney General Lisa Monaco stated it was the largest U.S. financial seizure, with $3.6 billion recovered. Department of Justice history. Moreover, the DOJ reclaimed an additional $475 million; on Thursday, the couple agreed to forfeit $72 million jointly.
The “Crypto Couple,” Ilya Lichtenstein and Heather Rhiannon Morgan, plan to plead guilty in the bitcoin hack money laundering case. They face accusations of attempting to launder bitcoin stolen in the 2016 hack of Bitfinex.
In a hearing before U.S. District Judge Colleen Kollar-Kotelly in Washington, Moscow-born U.S. citizen Ilya Lichtenstein admitted to hacking the exchange and enlisting his wife, an online rapper named Heather Morgan who has gone by the alias “Razzlekhan,” to help conceal some 119,754 stolen bitcoin.
Six months post-heist, Ilya Lichtenstein and Heather Rhiannon Morgan gained access to the stolen funds from the Hong Kong exchange. They used crypto wallets and Walmart gift cards to launder the stolen Bitfinex cash1. Additionally, Lichtenstein confessed to converting stolen crypto into gold coins, which Morgan subsequently buried. They have informed law enforcement about the location where they stashed the loot.
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