News with the tag "2016"

The infamous Bitfinex hacker was sentenced to five years in prison in November for money laundering after he hacked and stole 120,000 bitcoin. Bitfinex Hacker Apologizes in New Video Ilya Lichtenstein, husband to disgraced crypto hip hop satirist Heather Morgan or “Razzlekhan,” has released a five-m...

In the latest development of the Bitfinex hack saga, Heather Morgan, known as “Razzlekhan,” was sentenced to 18 months for laundering the 120,000 Bitcoin stolen in 2016. The Court decision follows her husband’s 5-year sentence for money laundering and conspiracy to steal. Related Reading: Taiwan’s F...

Ilya Lichtenstein, who pleaded guilty to his role in the 2016 Bitcoin hack of the cryptocurrency exchange Bitfinex, has been sentenced to five years in prison, as announced by the US Department of Justice (DOJ) on Thursday. Lichtenstein was sentenced for his involvement in the money laundering consp...

Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence as she provided “substantial assistance” to the government.

Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward.

Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On Sunday, another historic...

While bitcoin’s price was at $60,382 on July 3, it dropped significantly to $53,550 two days later before rebounding back to $56,642 by 12:50 p.m. EDT on July 5. Notably, nine dormant bitcoin wallets created in 2013, 2016, and 2017 became active on Friday, moving 133.41 BTC valued at $7.5 million. T...

On the final day of January 2024, a series of nine enigmatic transactions emerged from wallets established in 2016. Subsequently, another tranche of 15 transactions from wallets created on that same day in 2016 moved a total of 1,210.41 bitcoin, valued at $52 million. This marked the first movement ...

On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $35.96 million. Originating from a handful of distinct addresses, 726 bitcoins were likely the property of a sin...

Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been lagging behind their typical ten-minute average of late, reg...