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Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin Bitcoin.com 6 days ago

Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin ⚖️

The U.S. Department of Justice (DOJ) has successfully sentenced Ilya Lichtenstein to prison for his involvement in laundering 120,000 stolen bitcoins from the 2016 hack on Bitfinex.

Lichtenstein employed sophisticated methods to obscure the origin and movement of the stolen cryptocurrencies, but law enforcement was able to trace the trail.

This case highlights the ongoing issues of security and crime in the cryptocurrency space, showcasing the department's ability to track and address criminal activity involving digital assets.

Source: news.bitcoin.com ↗

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