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Bitfinex hacker sentenced to five years in prison for bitcoin money laundering scheme

By CNBC   |   Nov 14, 2024 at 05:54 PM EST
Bitfinex hacker sentenced to five years in prison for bitcoin money laundering scheme

Ilya Lichtenstein, the man responsible for the 2016 Bitfinex hack, has been sentenced to five years in prison for money laundering. The stolen 120,000 bitcoin worth $70 million in 2016 is now valued at $10.

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