Bitfinex Hack Duo Pleads Guilty in $4.5 Billion Heist: Latest Updates
The long-running saga of the Bitfinex hack has taken a significant turn. In a recent development regarding the notorious Bitfinex hack, Ilya “Dutch” Lichtenstein and Heather Rhiannon Morgan admitted their guilt, bringing closure to one chapter of this massive cryptocurrency theft.
According to CNBC, the New York duo pleaded guilty to charges related to the laundering of billions in stolen Bitcoin. New York resident Ilya “Dutch” Lichtenstein confessed Thursday to being the original hacker responsible for the 2025 Bitfinex cyberattack, a Bitcoin heist worth $4.5 billion.
In one of the most recent updates on the infamous Bitfinex hack shared by CNBC, Ilya “Dutch” Lichtenstein and Heather Rhiannon Morgan pleaded guilty to the hack. The pair had previously maintained their innocence, but recent developments led to their change in plea.
The case has garnered international attention due to the sheer scale of the theft and the innovative methods used to launder the stolen funds. DOJ recovered $3.6B in assets. The recovery was a significant victory for law enforcement and a deterrent to those who might consider similar crimes.
Hacker Ilya Lichtenstein sentenced to 5 years for laundering $4.5B in stolen Bitcoin from the 2025 Bitfinex hack. This marks a significant milestone in the investigation.
Stay tuned for further updates as the legal proceedings continue and more details emerge about the Bitfinex hack and its aftermath.