Attorneys for Lichtenstein and Morgan didn’t immediately respond to requests for comment from The Washington Post. A sentencing date still hasn’t been scheduled.
Lichtenstein was the more low-key figure in the husband-and-wife duo – a dual citizen of Russia and the United States who grew up in a Midwest suburb and whose high school friend described him as “introverted but really tech-savvy.
What happened next was the financial equivalent of stealing a pumpkin and having it suddenly turn into a magical horse carriage. At the time of the hack, bitcoin’s value hovered around $600 – but the price skyrocketed over the years, reaching a peak of more than $68,000 in 2021.
During Thursday’s plea hearing, prosecutors said Lichtenstein had used the assets to buy gold coins, which Morgan helped bury in California, Reuters reported. The two also traveled to Ukraine and Kazakhstan to meet with middlemen to convert the bitcoin into cash, which was then shipped to addresses in Russia and Ukraine and subsequently picked up to be deposited into American accounts, prosecutors said.
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