Bitfinex Hack Launderer Heather ‘Razzlekhan’ Morgan Sentenced to 18 Months in Prison

WASHINGTON, DC – Heather “Razzlekhan” Morgan, who helped launder the proceeds of the 2016 Bitfinex hack led by husband Ilya “Dutch” Lichtenstein, has been sentenced to 18 months in jail for the incident that stole almost 120,000 bitcoin from the scholarship was obtained.

Her husband, who carried out the 2016 hack, was sentenced final week to 5 years for his position within the crime. In line with authorities, the couple later laundered as a lot as a fifth of the ill-gotten bitcoin. Prosecutors had ordered an 18-month jail sentence for Morgan, who was identified by her former rap identify Razzlekahn.

“I’m deeply sorry and deeply remorse the alternatives I’ve made,” Morgan mentioned throughout a sentencing listening to Monday. “I used my time and power to do evil as a substitute of excellent, and I’m ashamed of that.”

Decide Colleen Kollar-Kotelly of the U.S. District Courtroom for the District of Columbia mentioned in the course of the listening to that Morgan’s actions had been intentional and concerned “in depth planning.”

“These are severe offences,” the decide mentioned. “You had been true companions on this cash laundering scheme… You didn’t cease voluntarily, however stopped if you had been arrested.”

The couple was arrested in February 2022. Lichtenstein ultimately admitted to orchestrating the theft, and Morgan additionally pleaded responsible to at least one rely of cash laundering and one rely of conspiracy to defraud america.

Morgan claimed she solely knew concerning the theft after it occurred. They had been accused by authorities of utilizing advanced strategies to attempt to conceal the sources of the token payouts, together with depositing funds into darknet markets, ‘chain-hopping’ when changing the property into different tokens, sending it via cryptocurrency mixing companies, exchanging among the property for gold cash and utilizing US company financial institution accounts to legitimize the cash.

Cheyenne Ligon contributed reporting.

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