US man who laundered bitcoin stolen from Hong Kong-based Bitfinex gets 5-year sentence

Quick Summary:

Ilya Lichtenstein stole about 120,000 bitcoin from Bitfinex in 2016 and laundered funds with the help of his wife, Heather Morgan.

Lichtenstein, who gets credit for the two years and nine months that he has spent in jail since his February 2022 arrest, expressed remorse for “wasting my talents on crime instead of a positive contribution to society.” He said he hopes that he can apply his expertise to fight cybercrime when he gets out of prison.

Ilya Lichtenstein and Heather Morgan.

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Article Details

Author / Journalist: Associated Press

Category: Technology

Markets: Hong Kong

Topics: Wife Heather Expert Spent Lichtenstein Gets Computer Years Morgan Ilya Prison

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 10:29:47 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 177 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 36 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 23596511

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About SCMP

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News Last Updated: 3 hours ago

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