Article 5WF56 Is this the new face of organized crime? Decoding Razzlekhan, the rapping bitcoin fraudster

Is this the new face of organized crime? Decoding Razzlekhan, the rapping bitcoin fraudster

by
Luke Winkie
from Technology | The Guardian on (#5WF56)

Heather Morgan, the wannabe Tiktok and hip-hop star, and her husband allegedly stole $4.5bn worth of cryptocurrency

Heather Morgan is free, for now. The 31-year-old fraudster was offered bail on Valentine's Day, releasing her from incarceration while her husband, Ilya Dutch" Liechtenstein, remains in federal bondage.

Morgan is at the centre of a psychedelic cryptocurrency saga, that began when the pair were arrested on suspicion of laundering $4.5bn worth of stolen bitcoin. That money was originally pilfered from a Hong Kong-based crypto exchange firm called Bitfinex, and it breaks the record for the most digital currency that's ever been seized by a criminal sting operation. (The pair allegedly spent the money on NFTs, gold and a Walmart gift card.) It's the first major crime saga of the Web3 era - Blockchain noir, ripe for a Safdie Brothers film - and each twist in the storyline is more implausible than the last.

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