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Bitfinex hacker Razzlekhan jailed for 18 months
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Bitfinex Securities has launched the first regulated public offering of tokenized U.S. Treasury Bills under El Salvador’s new securities framework. The offering enables investors to purchase digital tokens linked to short-term U.S. Treasury Bills, combining traditional financial instruments with blockchain…
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Heather “Razzlekhan” Morgan’s role in the $10.8 billion Bitfinex hack has earned her nearly two years in jail time, a court said on Nov. 18.
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Bitcoin
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Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —…
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Ilya “Dutch” Lichtenstein has been sentenced to five years in prison by a Washington federal judge for stealing billions worth of Bitcoin from crypto exchange Bitfinex. According to a Bloomberg report, Lichtenstein received his sentence from the Washington federal court…
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Bitcoin
Follow-up
What happens when hacked crypto gets hacked again? How did the Bitfinex funds the government secured find their way back into the blockchain maze? Here we go again… In a surprising turn of events, a U.S. government-controlled crypto wallet holding…
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Crypto hackers behind an exploit of U.S. government wallets returned the bulk of the funds stolen less than 24 hours after the initial attack. Fear of Uncle Sam or good faith from bad actors? In a bizarre turn of events,…
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U.S. government crypto wallets may be compromised, as observers alerted the public to suspicious on-chain transactions. According to Arkham, unknown hackers have possibly stolen $20 million in seized cryptocurrencies like Ethereum (ETH), Tether (USDT), and Circle USD Coin (USDC) from…
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US prosecutors urged a Washington federal judge that Ilya Lichtenstein, the mastermind who extracted 120,000 Bitcoin ($8 billion) by hacking into the Bitfinex crypto exchange, should get five years in prison. According to Bloomberg, in an Oct. 15 court filing…
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Bitcoin
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Heather Morgan, the Wall Street rapper known as “Razzlekhan,” could face 18 months in prison for helping her husband launder millions from the 2016 Bitfinex hack. U.S. prosecutors seek an 18-month prison sentence for Heather Morgan, the Wall Street rapper…
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Bitcoin
News
A U.S. government filing indicates Bitfinex could be the sole entity eligible for restitution from the massive 2016 Bitcoin theft. The filing by the U.S. government has confirmed that Bitfinex could be the sole victim eligible for restitution concerning the…
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Bitfinex analysts warn that Bitcoin could drop by up to 20% as the Federal Reserve’s upcoming interest rate decision introduces uncertainty. The price of Bitcoin (BTC) might be on the verge of a 20% decline, as Bitfinex analysts warn that…
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Bitcoin
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Binance, Bitfinex are rushing to register their services in Turkey as the country has finalized its regulatory stance on crypto. International cryptocurrency exchanges are rushing to register their services in Turkey following the country’s finalization of its regulatory stance on…
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As Bitcoin flirted with the $70,000 mark on Monday morning, analysts at Bitfinex issued a cautionary note, suggesting the rally might be short-lived due to an impending significant options expiry. Bitfinex analysts predicted in a note that they expect “potential…
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Bitcoin
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Heather Morgan, convicted for her role in the Bitfinex hack involving 120,000 BTC, was reportedly seen at the recent Bitcoin 2024 conference in Nashville. The Bitcoin 2024 conference held in Nashville, Tennessee, featured not only high-profile political figures and entrepreneurs…
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Bitcoin
Follow-up
Another lawsuit has been filed against the Tether stablecoin issuer and the Bitfinex crypto exchange. The plaintiffs changed and again filed a lawsuit against Tether and Bitfinex, accusing the company of manipulating the price of Bitcoin (BTC) and other digital…
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Tether
News
Bitcoin’s start to the week saw it climb above $63,000, but analysts at Bitfinex warn that the market may be facing a retrace as the week progresses. BTC is up 5% over the past 24 hours and by 13% over…
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Bitcoin
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