by Rida Fatima from Techreport on (#6SAQE)
Ilya Lichtenstein received a five-year prison sentence for his role in the 2016 Bitfinex hack and money laundering, as recommended by prosecutors.Lichtenstein and his wife, Heather Morgan, stole 120,000 Bitcoin, initially worth $72 million, but now valued at $10.7 billion.Lichtenstein's cooperation with investigators, including his testimony in other cases, contributed to his reduced sentence.The post Ilya Lichtenstein Gets Five-Year Prison Sentence for Being Involved in Bitfinex Hack and Fraud appeared first on Techreport.