Feds want Bitfinex hacker ‘Razzlekhan’ jailed for 18 months

CoinMarketCap10-11

United States prosecutors want Heather Morgan, also known as the rapper “Razzlekhan,” to spend 18 months in jail for her role in laundering 120,000 Bitcoin stolen from the crypto exchange Bitfinex in ...

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href=https://coinmarketcap.com/community/articles/6708a9bcf3eff33b6ff94998/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>United States prosecutors want Heather Morgan, also known as the rapper “Razzlekhan,” to spend 18 months in jail for her role in laundering 120,000 Bitcoin stolen from the crypto exchange Bitfinex in ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/6708a9bcf3eff33b6ff94998/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0225283273.USD","symbol_name":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/6708a9bcf3eff33b6ff94998/","article_id":"2474903608","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/4b72a110361a40ffbcf617b6ae9a3dae.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2474903608","pubTimestamp":1728620987,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"United States prosecutors want Heather Morgan, also known as the rapper “Razzlekhan,” to spend 18 months in jail for her role in laundering 120,000 Bitcoin stolen from the crypto exchange Bitfinex in 2016.In an Oct. 9 filing, federal prosecutors asked that Morgan be given a more lenient sentence after she provided “substantial assistance” in her and her husband Ilya Lichtenshtein’s plea bargain in July 2023.Prosecutors also argued for a lighter sentence for Morgan as she was a “lower-level participant” relative to Lichtenshtein and noted that she had only spent a “small fraction” of what the pair stole.Government prosecutors said that Morgan was “initially unaware” of how Lichtenstein had obtained the 120,000 BTC, but by early 2020, Lichtenstein told her he was responsible for the hack, and she aided him in laundering the funds and conspired to conceal his involvement.Morgan’s sentencing hearing is scheduled for Nov. 15, the day after Lichtenstein is s","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4534":"瑞士信贷持仓","LU0971096721.USD":"富达环球金融服务 A","LU1548497426.USD":"安联环球人工智能AT Acc","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc 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GROWTH \"AA\" (USD) INC","BK4532":"文艺复兴科技持仓"},"translate_title":"美联储希望Bitfinex黑客“Razzlekhan”入狱18个月","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BCH":1,"BTG":1,"BTC":1,"BSV":1,"BABA":0.9},"content_text":"United States prosecutors want Heather Morgan, also known as the rapper “Razzlekhan,” to spend 18 months in jail for her role in laundering 120,000 Bitcoin stolen from the crypto exchange Bitfinex in 2016. \nIn an Oct. 9 filing, federal prosecutors asked that Morgan be given a more lenient sentence after she provided “substantial assistance” in her and her husband Ilya Lichtenshtein’s plea bargain in July 2023. \nProsecutors also argued for a lighter sentence for Morgan as she was a “lower-level participant” relative to Lichtenshtein and noted that she had only spent a “small fraction” of what the pair stole.\nMorgan pled guilty to money laundering and fraud charges in August 2023 for helping launder the Bitcoin (BTC) — currently worth $7.2 billion. She faces a maximum combined sentence of 10 years in prison.\n\n\nFederal prosecutors say Heather Morgan should receive 18 months jail time for her role in laundering the proceeds of the 2016 Bitfinex hack. Source: PACER\n\n\nMorgan and Lichtenstein were initially believed to have only been responsible for laundering the funds stolen in the 2016 Bitfinex hack. However, Lichtenstein later admitted to being behind the hack and pled guilty to money laundering charges. \nLichtenstein pled guilty to one count of conspiracy to commit laundering and faces a maximum sentence of 20 years in prison. \nGovernment prosecutors said that Morgan was “initially unaware” of how Lichtenstein had obtained the 120,000 BTC, but by early 2020, Lichtenstein told her he was responsible for the hack, and she aided him in laundering the funds and conspired to conceal his involvement. \n“[Morgan] made a conscious decision to engage in specific criminal activity, helping her husband launder millions in stolen funds for their personal gain,” said the prosecutors in the filing. \n“It was not a momentary lapse or impulsive decision: the defendant consciously participated in the money laundering conspiracy and conspiracy to defraud over the course of years,” prosecutors added.\nRelated: Bitfinex hacker Heather Morgan spotted at Bitcoin Conference 2024\nProsecutors added that both Morgan and Lichtenstein used a “variety of technologically sophisticated means” to launder the stolen Bitcoin, including the use of non-compliant crypto exchanges, darknet markets, and crypto mixers to obfuscate their paper trail. \nThe government also said Morgan used some of the stolen funds to purchase physical gold coins, which she buried at a “secret location” that has since been disclosed to the authorities. \nOn top of Morgan’s 18-month sentence, prosecutors have asked that the court order her to return the crypto assets seized by the government from the “Bitfinex Hack Wallet” as an in-kind restitution to Bitfinex. \nThe wallet contains around 95,000 BTC, 117,400 Bitcoin Cash (BCH), 117,400 Bitcoin Satoshi Vision (BSV), and 118,100 Bitcoin Gold (BTG) — valued at more than $6 billion.\nMorgan’s sentencing hearing is scheduled for Nov. 15, the day after Lichtenstein is set to be sentenced on Nov. 14. \nMagazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"Policy And Regulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2474903608"}