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“I knew what I was doing was wrong and I did it anyway because I didn’t care; I didn’t care about anyone but myself,” Lichtenstein said in a video message apparently delivered from prison. He insisted that he acted alone in the planning and execution of the Bitfinex violation, emphasizing that Morgan, who was sentenced to 18 months for her role in laundering stolen funds, was unaware of the hack until years later.
“She didn’t even know about it for years,” Lichtenstein said, adding that she was not involved in the technical aspects of the heist.
Morgan, better known as the rapper “Razzlekhan,” pleaded guilty to conspiracy to launder money and defraud the United States earlier this year. Despite her sentence, Morgan has remained active on social media, posting updates about her legal career and promoting personal projects, including a Cameo channel where she refers to herself as “cryptocurrency’s favorite criminal” and charges $125. for personalized videos.
A trick that shook cryptocurrencies
2016 Bitfinex The hack remains one of the largest breaches in cryptocurrency history, with 119,754 Bitcoin stolen. The stolen funds, initially worth millions, ballooned to more than $12 billion when US authorities arrested Lichtenstein and Morgan in 2022.
In court, Lichtenstein admitted to being solely responsible for the hack and acknowledged the devastating impact it had on Bitfinex users and the broader crypto community. Federal investigators have since seized much of the stolen Bitcoin and restitution hearings are scheduled for February 21, 2025. Bitfinex announced plans to begin refunding affected users early next year.
Media frenzy and Netflix documentary
The high-profile case has attracted significant public attention and culminated in a Netflix documentary exploring the strange lives of Lichtenstein and Morgan. The series delves into his alleged crimes and includes speculation about whether Lichtenstein’s father was involved, a claim Lichtenstein vehemently denied in his X post.
“My dad is not a hacker. “He doesn’t even know how to use Instagram,” he said.
What’s next for Heather Morgan?
Morgan’s activities after the sentencing have drawn attention, with some questioning his decision to lean on his criminal notoriety. After his sentencing in November, he posted a video suggesting he would focus on “creative and other endeavors.” Her Cameo channel, launched in mid-December, promotes her as a unique voice in cryptocrime, combining humor and infamy to monetize her newfound celebrity status.
Morgan will report to the Federal Correctional Institution in Danbury, Connecticut, in January 2025. Interestingly, this is the same facility that houses Caroline Ellison, former executive director of Alameda Research, who received a two-year sentence for her role in the FTX scandal.
As the dust settles, Lichtenstein’s attempt to protect Morgan from blame It highlights a complex narrative of individual responsibility, misguided loyalty, and the human cost of one of cryptocurrency’s most notorious heists. Whether the couple’s story serves as a cautionary tale or a source of morbid fascination, it continues to captivate audiences around the world.
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