Ilya Lichtenstein, identified for his position in one of many largest Bitcoin
$93,943.79
thefts ever recorded, has been launched from jail after serving somewhat over a 12 months of his five-year sentence.
His early launch was made doable via the First Step Act, a legal justice reform signed throughout President Donald Trump’s first time period.
In a publish on X, Lichtenstein wrote, “Due to President Trump’s First Step Act, I’ve been launched from jail early”. He additionally mentioned he hopes to return to cybersecurity work and “make a optimistic affect” quickly.
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Lichtenstein was sentenced in November 2024 after admitting to laundering cash linked to the 2016 Bitfinex
$354.44M
hack, the place almost 120,000 Bitcoin have been stolen.
His spouse, Heather Morgan, described the discharge because the “finest New 12 months’s current” after years aside.
Morgan, a former rapper who carried out as “Razzlekhan”, was additionally convicted for serving to transfer the stolen funds. She served 18 months in jail and introduced her personal early launch in October.
The couple was arrested in 2022 after an extended investigation that led to the restoration of a big portion of the lacking cryptocurrency.
When sentenced, Lichtenstein admitted he was behind the 2016 hack and had laundered 1000’s of Bitcoin. He mentioned he defined that his spouse “was by no means concerned within the hack itself” and didn’t learn about it for years.
In the meantime, Caroline Ellison, former CEO of Alameda Analysis, was transferred from jail to neighborhood confinement. What did the Bureau of Prisons information say? Learn the complete story.
