Due to a prior reimbursement plan from Bitfinex, many victims of the 2016 hack do not legally qualify as victims eligible for reimbursement.
The remaining 25,000 bitcoins stolen in the 2016 hack must be returned through a more complex claims process.
Heather Morgan criticized the financial system in a rap video while also asking for the world’s richest man, Elon Musk, to save her.
The self-described "misfits anthem" emerges as the 18-month sentence nears for her role in laundering the crypto horde that now would be worth $11 billion.
In a direct address to the public, Ilya Lichtenstein, who pleaded guilty last year to charges connected to the 2016 theft of approximately 120,000 Bitcoin from the crypto exchange Bitfinex, issued a new statement on Thursday refuting alleged third-party involvement in the hack. His five-minute video, posted to X, represents Lichtenstein’s first publicly available statement […]
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.