Feds seek 18 months for Wall Street rapper in Bitfinex-hack related $4.5b case

https://crypto.news/feds-seek-18-months-for-wall-street-rapper-in-bitfinex-hack-related-4-5b-case/

2 Comments

  1. tldr; U.S. prosecutors are seeking an 18-month prison sentence for Heather Morgan, known as “Razzlekhan,” for her role in laundering Bitcoin stolen in the 2016 Bitfinex hack. Morgan, who pleaded guilty to money-laundering conspiracy, assisted her husband, Ilya Lichtenstein, in laundering around 120,000 Bitcoin. Although not involved in the hack, she helped conceal the proceeds through various means. Morgan’s cooperation with authorities may lead to a reduced sentence, despite facing up to five years for conspiracy.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. Circusssssssssssssss on

    > Prosecutors also described the couple’s laundering methods as “sophisticated,” saying the two used “complex transactions, non-compliant virtual currency exchanges, darknet markets, and mixers and tumblers, including Bitcoin Fog, Helix, and ChipMixer” to hide the trail.

    All that wasn’t enough 

    She is also an expert at web3