"Razzlekhan's Husband Pleads Guilty in $4.5bn Bitcoin Laundering Case"

1 min read
Source: BBC
"Razzlekhan's Husband Pleads Guilty in $4.5bn Bitcoin Laundering Case"
Photo: BBC
TL;DR Summary

Heather Morgan and Ilya Lichtenstein, a husband and wife cyber-crime team, have pleaded guilty to attempting to launder $4.5 billion of Bitcoin that Lichtenstein had stolen in a 2016 hack. Morgan, who masqueraded as a rapper and tech entrepreneur, published rap music videos and claimed to be a successful tech businesswoman while trying to cover up her crimes. The couple now face prison sentences, with Lichtenstein potentially facing up to 20 years and Morgan up to 10 years. The successful police operation involved tracking the stolen Bitcoin through the public blockchain ledger and recovering nearly the full amount.

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