Bitfinex Hack Mastermind Behind $10 Billion Theft Gets Early Release

Ilya Lichtenstein, the man behind the massive 2016 Bitfinex Bitcoin theft, has been released early from prison. Read how the First Step Act and a trail of Walmart gift cards led to this major update in one of the world's largest crypto thefts...

Bitfinex Hack Convict Ilya Lichtenstein Released Early Under U.S. First Step Act

Ilya Lichtenstein, who was sentenced to prison last year for money laundering charges in connection with his role in the massive hack of cryptocurrency exchange Bitfinex in 2016, said he has been released early. In a post shared on X last week, the 38-year-old announced his release, crediting U.S...

Bitfinex Hacker Sentenced to 5 Years, Guilty of Laundering $10.5 Billion in Bitcoin

Ilya Lichtenstein, who pleaded guilty to the 2016 hack of cryptocurrency stock exchange Bitfinex, has been sentenced to five years in prison, the U.S. Department of Justice DoJ announced Thursday. Lichtenstein was charged for his involvement in a money laundering scheme that led to the theft of...