In the latest development of the Bitfinex hack saga, Heather Morgan, known as “Razzlekhan,” was sentenced to 18 months for laundering the 120,000 Bitcoin stolen in 2016. The Court decision follows her husband’s 5-year sentence for money laundering and conspiracy to steal. Related Reading: Taiwan’s Financial Authority Pledges To Address Crypto Tax Evasion Within Three […]
Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.
Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution.
DMM Bitcoin, one of Japan’s largest cryptocurrency exchanges, recently suffered a major setback when it reported a loss of 48 billion yen ($305 million) in Bitcoin (BTC) due to a security breach. The incident, discovered on May 31, 2024, revealed the illegal leakage of BTC from a DMM Bitcoin wallet. As a result, several services […]
Catalyx suspects the security breach — which resulted in undisclosed losses — may have involved one of its own employees.