Ilya Lichtenstein, who pleaded guilty to his role in the 2016 Bitcoin hack of the cryptocurrency exchange Bitfinex, has been sentenced to five years in prison, as announced by the US Department of Justice (DOJ) on Thursday. Lichtenstein was sentenced for his involvement in the money laundering conspiracy for stealing approximately 120,000 Bitcoin from the exchange. Couple’s Bitcoin Hack And Laundering Operation Exposed Court documents reveal that Lichtenstein utilized “advanced hacking tools” and techniques to breach Bitfinex’s network. Once inside, he fraudulently authorized over 2,000 transactions, transferring 119,754 Bitcoin to…
