April 19, 2025

Bitfinex Hacker Faces 5 Years, Prosecutors Seek to Deter Crypto Crime

1 min read

US prosecutors have recommended a five-year prison sentence for Ilya Lichtenstein, who pleaded guilty to a money-laundering conspiracy related to the $6 billion Bitfinex hack. They believe Lichtenstein reflects a troubling pattern among young cyber criminals who normalize their online offenses and underestimate the harm inflicted on their victims, according to a Bloomberg report published The post Bitfinex Hacker Faces 5 Years, Prosecutors Seek to Deter Crypto Crime appeared first on Coin Edition .

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