Wall Street Rapper Faces Prison for Role in Massive Bitcoin Hack
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 11 2024Heather Morgan's Involvement: Heather Morgan, known as the rapper "Razzlekhan," faces an 18-month prison sentence for her role in laundering Bitcoin from the 2016 Bitfinex hack, which involved her husband Ilya Lichtenstein, the mastermind behind the hack. Despite her cooperation with law enforcement, she knowingly participated in money laundering activities.
Legal Consequences and Broader Implications: While Morgan is set to receive a lighter sentence, Lichtenstein could face up to 20 years in prison. This case underscores the ongoing issues of crime within the cryptocurrency space, highlighting the need for better regulation and security measures in the industry.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
