Tech Entrepreneur Ilya Lichtenstein Admits to Masterminding $4.5 Billion Bitcoin Heist
Tech entrepreneur Ilya Lichtensteind, a Russian-American citizen, has admitted to committing the original 2016 Bitfinex hack, CNBC reported. Earlier, Lichtensteind and his wife Heather Morgan had confessed to attempting...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Earlier, Lichtensteind and his wife Heather Morgan had confessed to attempting to launder $4.5 billion worth of Bitcoin stolen from Bitfinex.
Until Lichtenstein's admission on Thursday, it was not publicly known who had hacked Bitcoins from the cryptocurrency exchange Bitfinex in 2016.
The couple was not charged with the hack itself....
Read More: Tech Entrepreneur Ilya Lichtenstein Admits to Masterminding $4.5 Billion Bitcoin Heist
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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