Bitfinex hacker Ilya Lichtenstein sentenced to five years in prison for laundering 120,000 #BTC

Lichtenstein himself had his sentence reduced due to his cooperation with authorities, while his wife Heather Morgan is still awaiting sentencing.

In 2016, Lichtenstein allegedly hacked the Bitfinex cryptocurrency exchange and stole about 120,000 #Bitcoin (worth $72 million at the time and $10.7 billion today). He and his wife, according to investigators, laundered the funds using crypto mixers, multi-level transactions, darknet markets, and other tactics and tools.

This story vividly reminds you of the need to keep your #Crypto private