Alleged BTC Laundering Scheme Suspect Admits to Bitfinex 2016 Hack


August 3, 2023


Gabriel Negrín

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One of the suspects in a multibillion-dollar cryptocurrency money laundering operation admitted to orchestrating the infamous Bitfinex attack of 2016. 

According to a report on CNBC on August 3, Ilya Lichtenstein admitted in a U.S. court that he planned and exploited Bitfinex in 2016. This event led to the theft of about 119,754 BTC. 

Lichtenstein admitted to the charges against him and his wife, Heather Morgan, as part of a plea deal. He admitted charges, including conspiracy to launder money and defraud the United States.

It is still unclear whether Morgan was involved in the Bitfinex attack. Authorities captured the couple in February 2022.