Ilya Lichtenstein was sentenced to five years in prison by the Justice Department for his involvement in a massive Bitcoin theft that resulted in the laundering of $3.6 billion from the Bitfinex exchange.
Lichtenstein, along with his wife Heather Morgan, who also pleaded guilty last year in New York, participated in the elaborate scheme. The couple's actions led to one of the biggest cryptocurrency heists to date.
The sentencing highlights the serious legal repercussions associated with cybercrimes, particularly in the rapidly evolving cryptocurrency space.