Crypto Hacker Duo Pleads Guilty to $3.5 Billion Bitfinex Hack

posted  4 Aug 2023
Photo - Crypto Hacker Duo Pleads Guilty to $3.5 Billion Bitfinex Hack
Ilya Lichtenstein and Heather Morgan, a husband and wife duo of crypto hackers, have pleaded guilty to federal money laundering conspiracy charges related to the 2016 hack of the cryptocurrency exchange Bitfinex. Their guilty plea comes after a year and a half since their arrest and charges in February 2022 and seven years after the initial hack. According to the government’s allegations, Lichtenstein hacked into Bitfinex and stole 119,754 bitcoins, which were valued at $72 million at the time and are now worth approximately $3.5 billion, for his personal benefit.