A New York man admitted to being the original hacker of bitcoin in the 2016 cyberattack on Bitfinex, a theft that ended up being worth $4.5 billion.
The Russian emigre, has been held without bond since his arrest after a judge ruled he is a flight risk, will remain jailed until his sentencing, and has agreed to cooperate with federal investigators.
Lichtenstein smiled at her and blew her a kiss during their moment of eye contact, the first time they had seen each other in more than a year.Courtroom sketch of Ilya"Dutch" Lichtenstein while pleading guilty to laundering the stolen bitcoin in Washington, D.C., federal court. Bitfinex in a statement said,"Following the August 2016 hack, Bitfinex engaged in unprecedented efforts to make its customers whole."
"Once inside their systems, Lichtenstein fraudulently authorized more than 2,000 transactions in which 119,754 bitcoin was transferred from Bitfinex to a cryptocurrency wallet in Lichtenstein's control," the DOJ said.Heather Rhiannon Morgan, who was in the audience, stepped up to enter her own guilty plea hearing in the case.
During Lichtenstein's plea hearing, it was revealed that he had converted some assets to gold coins, and that Morgan had buried gold coins at a location now known to law enforcement officials. A charging document filed last month against the couple says that in early 2107 Lichtenstein"began to move a portion of the bitcoin" stolen in the hack"in a series of small, complex transactions across multiple accounts and platforms."Courtroom sketch of Ilya"Dutch" Lichtenstein while pleading guilty to laundering the stolen bitcoin in Washington, D.C., federal court.
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