Lichtenstein and his spouse, Heather Morgan, had been arrested in 2022, and final August each pleaded responsible to conspiracy to launder cash. The stolen cryptocurrency, price about $71 million on the time of the theft, had grown to about $four.5 billion by the point Lichtenstein and Morgan had been arrested. Valued at right this moment's costs, the stolen funds can be price an much more staggering sum of over $10 billion.
In response to the US Division of Justice, Lichtenstein and Morgan “used quite a few refined laundering methods” to cover the stolen funds, together with utilizing fictitious identities, changing Bitcoin to different cryptocurrencies, shopping for gold, and depositing and withdrawing proceeds in numerous markets on darknet and cryptocurrency exchanges.
Lichtenstein's five-year sentence is significantly lower than the utmost sentence of 20 years for conspiracy to launder cash. Morgan, additionally identified by her on-line rap persona “Razzlekhan”, is because of be sentenced on November 18 and faces 18 months in jail for her position within the theft.