'Billion Dollar Bitcoin Laundering Scheme Ends in Guilty Pleas'

Heather Morgan, also known as Razzlekhan, and her husband have pleaded guilty to orchestrating a billion-dollar money laundering scheme involving stolen Bitcoin from the Hong Kong-based exchange Bitfinex. The couple, dubbed the "Bitcoin Bonnie and Clyde," used fake identities, shell companies, and darknet marketplaces to launder the stolen funds. They were caught when they used the stolen Bitcoin to purchase Walmart vouchers, leaving a traceable trail. Authorities recovered stolen funds valued at approximately $3.6 billion and other incriminating evidence during a raid on their Manhattan apartment. Morgan and Lichtenstein face potential prison sentences of up to 20 years and 5 years, respectively.