Bitfinex hacker Ilya Lichtenstein credits Trump for early release from prison

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Ilya Lichtenstein, who pled guilty to money-laundering charges tied to his role in the massive hack of crypto exchange Bitfinex, has apparently been released early from prison.

In a Thursday evening post on X, Lichtenstein said he was out early “thanks to President Trump’s First Step Act” (a prison reform bill passed during Trump’s first term).

“I remain committed to making a positive impact in cybersecurity as soon as I can,” Lichtenstein said. “To the supporters, thank you for everything. To the haters, I look forward to proving you wrong.”

The Department of Justice arrested Lichtenstein and his wife, Heather Morgan, in 2022 and seized $3.6 billion worth of bitcoins that had been stolen from Bitfinex. The couple became infamous after their arrest and were featured in a Netflix documentary called “Biggest Heist Ever.”

Lichtenstein eventually admitted to his role in the hack and was sentenced to five years in prison.

It’s not clear whether the Trump administration played a direct role in the release. An administration official told CNBC that Lichtenstein “has served significant time on his sentence and is currently on home confinement consistent with statute and Bureau of Prisons policies.”



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Bitfinex hacker Ilya Lichtenstein credits Trump for early release from prison


Ilya Lichtenstein, who pled guilty to money-laundering charges tied to his role in the massive hack of crypto exchange Bitfinex, has apparently been released early from prison.

In a Thursday evening post on X, Lichtenstein said he was out early “thanks to President Trump’s First Step Act” (a prison reform bill passed during Trump’s first term).

“I remain committed to making a positive impact in cybersecurity as soon as I can,” Lichtenstein said. “To the supporters, thank you for everything. To the haters, I look forward to proving you wrong.”

The Department of Justice arrested Lichtenstein and his wife, Heather Morgan, in 2022 and seized $3.6 billion worth of bitcoins that had been stolen from Bitfinex. The couple became infamous after their arrest and were featured in a Netflix documentary called “Biggest Heist Ever.”

Lichtenstein eventually admitted to his role in the hack and was sentenced to five years in prison.

It’s not clear whether the Trump administration played a direct role in the release. An administration official told CNBC that Lichtenstein “has served significant time on his sentence and is currently on home confinement consistent with statute and Bureau of Prisons policies.”



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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Hi! This is Admin.

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