Bitfinex Hack Mastermind Ilya Lichtenstein: Sentencing Looms for $6B Crypto Theft!

Quick Summary:

American authorities want a five-year prison term for Ilya Lichtenstein, the main organizer of the crypto exchange Bitfinex hack in 2016, during which $6 billion worth of digital currency was stolen.

The mastermind of the hack will be facing sentencing who was convicted for hacking the platform in 2016.

The hack of Bitfinex was one of the biggest thefts in the era of cryptocurrencies in which 119,754 bitcoins were stolen.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: Lichtenstein: Lichtenstein Hack Looms Morgan Bitfinex Sentencing Mastermind Crypto Theft Ilya

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 06:36:42 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 341 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23083630

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 22 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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