U.S. accuses couple of laundering $4.5 billion in bitcoin tied to 2016 hack


FILE PHOTO: Photo illustration of Bitfinex cryptocurrency exchange website taken September 27, 2017. Picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration

WASHINGTON/NEW YORK (Reuters) -The U.S. Justice Department said on Tuesday it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex and arresting a husband-and-wife team on money laundering charges.

Ilya "Dutch" Lichtenstein, 34, and his wife, Heather Morgan, 31, New Yorkers who were arrested in Manhattan Tuesday morning, spent the illegal proceeds on items ranging from gold and non-fungible tokens to a $500 Walmart gift card, prosecutors said.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Meta CEO Zuckerberg blocked curbs on sex-talking chatbots for minors, court filing alleges
Revolut launches full banking operations in Mexico in first expansion outside Europe
US banks may lose $500 billion to stablecoins by 2028, Standard Chartered warns
TikTok settles social media addiction lawsuit ahead of trial against Meta, YouTube
Pinterest cuts up to 15% jobs to prioritize AI push, shares sink
WhatsApp unveils high-security mode, latest tech firm to offer users stronger protection
Cloudflare surges as viral AI agent buzz lifts expectations
Meta, Corning sign deal worth up to $6 billion for fiber-optic cables in AI data centers
UK regulator kicks off review on impact of AI on retail finance
UK announces Meta-backed AI team to upgrade public services

Others Also Read