Prosecutors allege that Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, conspired together to launder 119,754 bitcoins – worth over $5 billion in today’s prices – that were stolen during the 2016 hack of Bitfinex. The couple faces two conspiracy charges each that could see them face up to 25 years in prison. A judge ruled Monday that Morgan could be released on bail under strict conditions, but Lichtenstein will remain in custody pending trial.
Related posts
-
Bitcoin Slides to a Low of $100,227 Following Federal Reserve Rate Cut
Bitcoin (BTC) experienced a sharp decline today, dropping from $105,500 to $100,227 after the U.S. Federal... -
Bitcoin ATM Giant Byte Federal Suffers Data Breach: 58,000 Users Affected
58,000 users’ personal data was potentially compromised in Byte Federal data breach. Byte Federal Suffers Data... -
Bitcoin ATM operator Byte Federal hit by data breach, 58,000 exposed
Hackers have compromised the personal data of over 58,000 customers of United States-based Bitcoin ATM operator...