Individual charged with money laundering admits to hacking Bitfinex in 2016: Report


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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 accordance with an Aug. 3 CNBC report, Ilya Lichtenstein told a U.S. courtroom he was the person behind an exploit of cryptocurrency trade 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 USA.

On the time of publication, it was unclear whether or not Morgan performed any function within the Bitfinex hack. She is anticipated to seem 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.

This can be a growing story, and additional info will probably be added because it turns into accessible.