Particular person charged with cash laundering admits to hacking Bitfinex in 2016: Report

by Jeremy

One half of the couple alleged to have laundered billions of {dollars} price of cryptocurrency has reportedly admitted he was behind the 2016 Bitfinex hack.

In line with an Aug. 3 CNBC report, Ilya Lichtenstein informed a U.S. court docket he was the person behind an exploit of cryptocurrency alternate Bitfinex in 2016 which resulted within the theft of roughly 119,754 Bitcoin (BTC). Lichtenstein spoke as a part of a plea settlement with prosecutors, who charged him and his spouse Heather Morgan with cash laundering conspiracy and conspiracy to defraud the US.

On the time of publication, it was unclear whether or not Morgan performed any position within the Bitfinex hack. She is anticipated to look earlier than a decide on Aug. 3 as a part of the identical plea settlement within the cash laundering case. Authorities arrested the pair in February 2022.

It is a growing story, and additional data will probably be added because it turns into obtainable.