'Crypto couple' to plead guilty in $4.5 billion bitcoin heist

📆 7/31/2023 9:35 PM
📰 BusinessInsider

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 51%

Coin Coin Headlines News

The 'crypto couple' is pleading guilty in their alleged $4.5 billion bitcoin heist. Here's how the saga unfolded.

Lichtenstein and Morgan, Federal prosecutors have alleged,"employed numerous sophisticated laundering techniques," creating fake identities to set up online accounts, depositing the funds into virtual currency exchanges and dark-web markets, and converting them into other virtual currencies — all to cover their tracks.

An attorney for both Lichtenstein and Morgan did not respond to a request for comment ahead of Thursday's plea hearing., Lichtenstein and Morgan were not accused of carrying out the hack itself, but as a result of the hack, 119,754 bitcoins were moved into an outside wallet Lichtenstein controlled.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto․com Granted Registration Approval in the Netherlands – Exchanges Bitcoin NewsDigital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands.
Source: BTCTN - 🏆 531. / 51 Read more »

Singapore's QCP Capital Bullish on Crypto: Unveils Epic Bitcoin (BTC) StrategyQCP Capital opens its vision of crypto market right now in new market outlook bitcoin btc btcusdt ethereum eth ethhusdt qcp qcpcapital $btc $eth
Source: Utoday_en - 🏆 295. / 63 Read more »

CRV Deposits and Withdrawals Suspended on Two Major ExchangesSouth Korean crypto exchanges Bithumb and Upbit see surge in CRV prices amid trading suspension fallout
Source: Utoday_en - 🏆 295. / 63 Read more »