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US prosecutors urge judge to hand Bitfinex hack mastermind five-year sentence

  • US prosecutors have recommended a five-year prison sentence for Ilya Lichtenstein, the mastermind behind the Bitfinex exchange hack.
  • Lichtenstein stole 120,000 Bitcoin and used sophisticated methods to hide the stolen funds between 2016 and 2022.
  • Lichtenstein's wife and co-conspirator, Heather Morgan, received a recommendation of an 18-month prison sentence for her assistance in the case.
  • Prosecutors argue that a stronger sentence for Lichtenstein will deter young cybercriminals and break the cycle of such online activities.

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