Heather Morgan and Ilya Lichtenstein, the couple who wereĀ arrested last yearĀ for the massive 2016 Bitfinex hack, have pleaded guilty to laundering $4.5 billion.
Morgan, who goes by the moniker “Razzlekhan,” and Lichtenstein, a former tech entrepreneur, pleaded guilty in a Washington federal court on Thursday.
Husband Pleads Guilty to Stealing 120,000 Bitcoin in Hack
In addition to laundering, Lichtenstein also pleaded guilty to stealing the funds. Prosecutors estimated that roughly 120,000 Bitcoin were stolen from Bitfinex in 2016, which the couple then laundered using exchange wallets, chain-hopping, and privacy coins.
Sponsored
Want to learn how to prevent your funds from being stolen off exchanges? Read here to find out more.
Detectives found folders on Liechtensteinās computer with fake personas the couple used to set up accounts on exchanges. Additionally, authorities discovered a plastic bag labeled āburner phonesā under the coupleās bed.
At the time of the coupleās arrest, the Department of Justice said the crypto seizure was their largest ever.Ā At Bitcoin’s peak, the seized crypto was worth around $4.5 billion.
Razzlekhan’s Days Are Numbered
In court papers, prosecutors alleged Morgan’s involvement in various “contradictory” things.
She coached people on social engineering their way into any situation and released numerous rap videos under the pseudonym “Razzlekhan.” She also claimed to be a writer and an economist.
The couple initially entered a plea deal at the end of last month and now await a sentencing hearing. Morgan could serve 10 years in prison, while Lichtenstein faces a maximum of 20 years.
Got something to say about the Bitfinex hack or anything else? Write to us or join the discussion on ourĀ Telegram channel.Ā You can also catch us onĀ TikTok,Ā Facebook, orĀ X (Twitter).
