U.S. prosecutors are requesting a reduced sentence for Ilya Lichtenstein, the mastermind behind the 2016 Bitfinex bitcoin heist, citing his significant cooperation in recovering stolen assets. Lichtenstein faces sentencing for stealing 120,000 bitcoin, worth $ 71 million at the time. U.S. Government Recommends Lighter Sentence for Bitfinex Hacker Due to Cooperation Prosecutors are recommending …
Heather Morgan, known by her rap persona “Razzlekhan,” could land an 18-month prison sentence after pleading guilty to laundering cryptocurrency linked to the 2016 Bitfinex hack. Prosecutors described her role as pivotal in obscuring stolen bitcoin through complex schemes, despite not being part of the original theft. Her cooperation, and the influence of her husband, […]
The Paris Public Prosecutor’s Office has disclosed the arrest of Telegram CEO Pavel Durov, who was detained at Le Bourget airport on August 24, 2024. Durov is currently in police custody as part of an extensive judicial investigation. The probe, launched on July 8, 2024, involves multiple serious charges, including complicity in illegal transactions, child […]
Seven individuals have been indicted for stealing over $ 300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking techniques, the group allegedly stole the bitcoin and now face potential sentences of …
South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s case against the masterminds of Mirror Trading International. MTI Directors May Face Charges Under the Prevention of Organized Crime Act South Africa’s […]