US prosecutors urge the court for a five-year prison for Ilya Lichtenstein, the mastermind of the $6B Bitfinex hack.
Lichtenstein represents a troubling pattern among young cyber criminals who normalize their online offenses.
Heather Morgan, Lichtenstein’s wife, is expected to face a prison sentence of 18 months.
US prosecutors have recommended a five-year prison sentence for Ilya Lichtenstein, who pleaded guilty to a money-laundering conspiracy related to the $6 billion Bitfinex hack. They believe Lichtenstein reflects a troubling pattern among young cyber criminals who normalize their online offenses and underestimate the harm inflicted on their victims, according to a Bloomberg report published today.
In a federal court in Washington, the prosecutors are pushing for “a strong sentence” for Lichtenstein to deter crypto crime. This comes after a court filing last week that recommended Lichtenstein’s wife and co-conspirator, Heather Morgan, serve 18 months in prison. In a court filing on Tuesday, the prosecutors argued that Lichtenstein, the mastermind behind one of the largest cryptocurrency thefts in history, should spend more time in prison.
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