The man behind a hack on Bitfinex that saw nearly 120,000 stolen from the cryptocurrency exchange has been sentenced to five years in prison.EditorialThis content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Ilya Lichtenstein was sentenced for his involvement in a money laundering conspiracy arising from the 2016 hack and theft.According to court documents, Lichtenstein hacked into Bitfinex’s network and authorised more than 2000 transactions transferring 119,754 bitcoin to a cryptocurrency wallet in his control. At the…
