Bitfinex Hack: Heather Morgan Sentenced To 18 Months For Laundering Role

Quick Summary:

Heather Morgan, also known by her rap alias "Razzlekhan,” was sentenced to 18 months in prison by a Washington D.C.federal court for her involvement in laundering funds tied to the 2016 Bitfinex Hack.

She was implicated in laundering smaller portions of the 119,754 stolen Bitcoin through accounts created under false identities.

The stolen funds, worth $4 billion at the time of seizure, underline the challenges of securing digital assets.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: IndiaUnited States

Topics: Crypto hack Bitfinex 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 22:44:15 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 504 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23679996

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 38 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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