New York couple accused of laundering $4.5 billion in cryptocurrency still in plea talks

Ilya Lichtenstein and Heather Morgan, the couple accused of laundering $4.5 billion in cryptocurrency tied to the 2016 hack of digital currency exchange Bitfinex, are still negotiating a possible plea deal while reviewing more than 1.1 gigabytes of evidence in the case, prosecutors said.

Lichtenstein and Morgan were arrested in February and accused in a criminal complaint of conspiring to launder 119,754 bitcoin stolen after a hacker in 2016 broke into Bitfinex and initiated more than 2,000 unauthorized transactions.

U.S. Justice Department officials said the transactions at the time were valued at $71 million in bitcoin, but with the rise in the currency’s value, the value reached $4.5 billion at the time of their arrest.

A grand jury has yet to return an indictment against the pair, after prosecutors first signaled in March they had agreed to pause the Speedy Trial Act in order to discuss a possible plea deal.

 

 

OQSNRXTXAJJSJMA6TFTYWKR4O4 New York couple accused of laundering $4.5 billion in cryptocurrency still in plea talks
New York couple accused of laundering $4.5 billion in cryptocurrency still in plea talks 2

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