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Bitcoin Laundering Lands “Razzlekhan” in Prison

Heather Morgan, aka rapper “Razzlekhan,” got 18 months in prison for laundering Bitcoin stolen in the 2016 Bitfinex hack. She pleaded guilty in August to money laundering and fraud.

A Billion-Dollar Hack

Morgan’s husband, Ilya Lichtenstein, hacked Bitfinex and stole 119,754 Bitcoin. Back then, it was worth millions, but today, it’s worth a staggering $10.8 billion, with Bitcoin trading at $89,765.

Shorter Jail Time for Cooperating

Lichtenstein, sentenced on Nov. 14, got five years instead of 20, thanks to his cooperation with authorities. Morgan’s sentence followed on Nov. 18.


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Written by cryptojournalist

A journalist that loves crypto

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