Bitcoin hacker sentenced to five years in prison

The $3.6bn worth of assets recovered in the case was the biggest financial seizure in the DOJ’s history, deputy attorney General Lisa Monaco said at the time.

“It’s important to send a message that you can’t commit these crimes with impunity, that there are consequences to them,” district judge Colleen Kollar-Kotelly said.

Lichtenstein, who has been in prison since his arrest in February 2022, expressed remorse for his actions.

He also said that he hopes to apply his skills to fight cybercrime after serving his sentence.

Morgan also pleaded guilty last year to one count of conspiracy to commit money laundering. She is due to be sentenced on 18 November.

According court documents, Lichtenstein used advanced hacking tools and techniques to hack into Bitfinex.

Following the hack, he enlisted Morgan’s help to launder the stolen funds.

They “employed numerous sophisticated laundering techniques”, the US Department of Justice (DoJ) said in a statement, external.

The methods included using fictitious identities, switching the funds into different cryptocurrencies and buying gold coins.

Lichtenstein, who was born in Russia but grew up in the US, would then meet couriers while on family trips and move the laundered money back home, prosecutors said.