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    Home»Bitcoin»'Razzlekhan' Sentenced to 18 Months Over $10.8 Billion Bitcoin Heist – Decrypt
    'Razzlekhan' Sentenced to 18 Months Over .8 Billion Bitcoin Heist – Decrypt
    Bitcoin

    'Razzlekhan' Sentenced to 18 Months Over $10.8 Billion Bitcoin Heist – Decrypt

    By Crypto EditorNovember 18, 2024No Comments2 Mins Read
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    'Razzlekhan' Sentenced to 18 Months Over $10.8 Billion Bitcoin Heist – Decrypt

    Heather “Razzlekhan” Morgan, the rapper-turned-Bitcoin-thief, was sentenced to 18 months in a U.S. federal jail on Monday for her function within the notorious 2016 Bitfinex hack, which noticed Morgan and her husband steal $10.8 billion value of BTC (by right now’s value) from the crypto trade. 

    Morgan acquired her sentence on Monday afternoon at a federal courthouse in Washington, D.C. Final week, her husband Ilya Lichtenstein was sentenced to 5 years in jail for his main function in orchestrating the couple’s hack of Bitfinex, after which subsequently laundering over 119,000 stolen BTC by numerous coin mixers and darknet markets. 

    The sentencing concludes the saga of one of many largest cyber thefts in historical past. After years of thriller following Bitfinex’s hack, Morgan and Lichtenstein have been arrested by federal authorities in Manhattan in early 2022. On the time, the overwhelming majority of stolen BTC was recovered.

    In the summertime of final 12 months, Lichtenstein and Morgan confessed to the crime and agreed to forfeit all funds derived from it—together with gold cash the couple purchased with among the BTC and buried to maintain secret. 

    Whereas Lichtenstein seems to have been the central determine accountable for finishing up the Bitfinex hack, his spouse has attracted considerably extra notoriety because the couple’s arrest.

    Morgan, who previous to her arrest was a rapper, author, and social media influencer, left a path of colourful posts throughout the web, together with quite a few idiosyncratic music movies. Her rapping identify, “Razzlekhan,” was meant to evoke “Genghis Khan, however with extra pizzazz,” based on the artist’s web site. 

    In January, it was revealed that Amazon MGM Studios is creating a function movie primarily based on Morgan’s life.

    Edited by Andrew Hayward

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