Ilya Lichtenstein admitted to laundering the $4.5B worth of Bitcoin stolen during the 2016 Bitfinex attack; his wife Heather Morgan also pleaded guilty.
Seven-year-long Investigation Comes to an End
According to the CNBC report, resident of New York City Ilya Lichtenstein admitted to being the original hacker behind the 2016 Bitfinex attack in a federal court in Washington, D.C on July 3. On the same day, his wife Heather Morgan also pleaded guilty to the counts of money laundering and conspiracy related to the hack.
The cyberattack deprived Bitfinext of almost 120 BTC, which was worth $70 million at the time and has since risen to the price of $4.5 billion. It took the US Department of Justice (DOJ) seven years to seize the stolen funds and the person responsible for the hack.
“Bitfinex diligently worked with the U.S. Department of Justice to identify the perpetrators of the hack, recover the stolen bitcoin, and bring the hackers to justice,” said an external spokesperson for Bitf
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