Razzlekhan, crypto’s most embarrassing rapper, is going to prison

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A federal judge has sentenced Heather Morgan to 18 months in prison for her role in helping husband Ilya “Dutch” Lichtenstein launder stolen Bitcoin, CoinDesk reports. Lichtenstein has admitted to hacking the cryptocurrency exchange Bitfinex in 2016 and stealing 120,000 Bitcoin, worth $71 million at the time (and almost $11 billion as of this writing).

Before she was arrested, Morgan was a Forbes and Inc. blogger. When the Department of Justice announced her arrest, the internet found out she also made crypto-themed rap videos under the name “Razzlekhan.” The whole story is expected to be immortalized in a Netflix documentary series and a film called Dutch & Razzlekhan.

Morgan issued a statement on X, saying she “will soon be telling my story, sharing my thoughts, and telling you more about the creative and other endeavors I’ve been working on.”

Morgan pleaded guilty last year to helping her husband, Ilya “Dutch” Lichtenstein, hide the stolen crypto through “complex money-laundering techniques,” according to Bloomberg. Lichtenstein pleaded guilty for his part, too, and was ordered last week to serve five years in prison for the ordeal. Both were given lenient sentences for cooperating with authorities in other investigations, the outlet writes.



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Razzlekhan, crypto’s most embarrassing rapper, is going to prison


A federal judge has sentenced Heather Morgan to 18 months in prison for her role in helping husband Ilya “Dutch” Lichtenstein launder stolen Bitcoin, CoinDesk reports. Lichtenstein has admitted to hacking the cryptocurrency exchange Bitfinex in 2016 and stealing 120,000 Bitcoin, worth $71 million at the time (and almost $11 billion as of this writing).

Before she was arrested, Morgan was a Forbes and Inc. blogger. When the Department of Justice announced her arrest, the internet found out she also made crypto-themed rap videos under the name “Razzlekhan.” The whole story is expected to be immortalized in a Netflix documentary series and a film called Dutch & Razzlekhan.

Morgan issued a statement on X, saying she “will soon be telling my story, sharing my thoughts, and telling you more about the creative and other endeavors I’ve been working on.”

Morgan pleaded guilty last year to helping her husband, Ilya “Dutch” Lichtenstein, hide the stolen crypto through “complex money-laundering techniques,” according to Bloomberg. Lichtenstein pleaded guilty for his part, too, and was ordered last week to serve five years in prison for the ordeal. Both were given lenient sentences for cooperating with authorities in other investigations, the outlet writes.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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