US man pleads guilty to laundering crypto stolen from Bitfinex hack

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

WASHINGTON (Reuters) - A New York technology entrepreneur pleaded guilty on Thursday to laundering funds stolen from Bitfinex, one of the world's largest cryptocurrency exchanges, with his wife, an online rapper, expected to follow.

Ilya Lichtenstein entered his plea at a hearing before U.S. District Judge Colleen Kollar-Kotelly in Washington.