Bitfinex hacker, Ilya Lichtenstein, who stole 1 billion worth of Bitcoins from Bitfinex in 2016, has been sentenced to five years in prison. “Ilya Lichtenstein was sentenced today to five years in prison for his involvement in a money laundering conspiracy arising from the hack and theft of approximately 120,000 bitcoin from Bitfinex, a global […]
A married couple from New York pleaded guilty this week to laundering billions of dollars stolen from Bitfinex in 2016. The couple pleaded guilty to money laundering charges in connection with the hack of the cryptocurrency stock exchange Bitfinex that took place in 2016. The hackers stole 120,000 Bitcoin and the theft had serious repercussions […]
The law enforcement seized $3.6 billion worth of cryptocurrency linked to the 2016 Bitfinex cryptocurrency exchange hack. Ilya Lichtenstein (34) and his wife, Heather Morgan (31), were arrested for alleged conspiracy to launder $4.5 Billion in stolen cryptocurrency stolen during the 2016 hack of Bitfinex. Law enforcement also seized over $3.6 billion in cryptocurrency linked to […]
Over $760 million worth of Bitcoin that were stolen from cryptocurrency exchange Bitfinex in 2016 were moved to new accounts. More than $760 million worth of Bitcoin, stolen from Asian cryptocurrency exchange Bitfinex in 2016, were moved on Wednesday to new accounts. On August 2016, the Asian Bitfinex suffered a security breach that resulted in the […]
The organization that controls the development of the Bitcoin software warns users that nation-state actors may hit the upcoming Bitcoin Core release. The organization that controls the development of the Bitcoin system, Bitcoin.org, has warned of possible cyber attacks coordinated by nation-state attackers. Bitcoin Core is the open source client for Bitcoin, the version Bitcoin Core […]
Bitfinex exchange is willing to offer 5% of the lost funds (nearly 6,000 BTC) as a reward for the recovery of the stolen bitcoins. Early August, the Bitcoin plunged just over 20% after news of the security breach suffered by Bitfinex that led the theft of 120,000 Bitcoin. Last week the company announced a reward of […]