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Reading: Expression of Shock at the Bail Process of the Couple Who Conducted the Bitfinex Attack
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EdaFace Newsfeed > Latest News > Regulations, Law & Policy > Expression of Shock at the Bail Process of the Couple Who Conducted the Bitfinex Attack
Regulations, Law & Policy

Expression of Shock at the Bail Process of the Couple Who Conducted the Bitfinex Attack

vitalclick
Last updated: November 5, 2024 6:29 pm
5 months ago
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Heather Morgan said she was in “complete shock” when she learned that her husband, Ilya Lichtenstein, had hacked the Bitfinex crypto exchange in 2016. In 2022, Lichtenstein and Morgan, known as the “crypto couple,” were arrested and accused of laundering $4.5 billion in crypto assets stolen from the Bitfinex attack.

Bitfinex CaseReflections in Media and Popular Culture

Bitfinex Case

The couple pleaded guilty last year. In a sentencing memorandum added to the docket by his legal team this week, Morgan explained his mindset in helping launder the stolen funds.

“In 2020, I learned that my husband Ilya Lichtenstein committed a serious crime in 2016. I was completely shocked when he told me about what he was doing. His decision to get involved in Ilya’s crime was a bad one. Our relationship wasn’t perfect, but I am deeply in love with my husband and I care about him. “We were planning on starting our family, so I didn’t want him to go to prison.” –Heather Morgan

Last month, the Washington D.C. District Attorney recommended an 18-month prison sentence for Morgan, saying he made a “substantial contribution” to the prosecution. Morgan’s legal team wants his sentence to be ruled full due to the time he has already spent in prison and the fact that he has been under house arrest for nearly three years.

Lichtenstein describes himself on LinkedIn as a “technology entrepreneur, software developer and investor.” Morgan, on the other hand, was known as a former Forbes columnist and the CEO of a copywriting firm.

Reflections in Media and Popular Culture

A biopic about the couple called “Razzlekhan” is being shot at Amazon MGM Studios and is expected to star Lily Collins, according to a report by Deadline.

This incident sparks important discussions on security and ethics in the cryptocurrency world. Morgan’s statements reveal the effects of individual relationships on criminal processes. It also shows how high-profile cases find coverage in the media and popular culture.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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