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Russian citizen Ilya Lichtenstein, along with his life partner, American Heather Morgan, have agreed to a compromise settlement in the legal proceedings brought against them on charges of a cyber attack on cryptocurrency exchanger Bitfinex in 2016. This, citing U.S. justice documentation, was reported by the Reuters news agency on Friday.
Bitfinex Cyberattack: Lichtenstein and Morgan Face Legal Proceedings
According to the evidence provided, Lichtenstein and Morgan will notify the court in Washington on August 3, where their case is pending, of the decision.
Lichtenstein emigrated to the U.S. with his parents in 1994 and lives there. He holds dual citizenship of Russia and the United States, and his companion is a United States citizen. In February 2022, both were arrested in New York on suspicion of stealing funds worth about $4.5 billion in a cyberattack on cryptocurrency exchange Bitfinex in 2016. The court later decided to move Lichtenstein and Morgan from New York to Washington, D.C. for further judicial investigation.
The U.S. Department of Justice previously released information that the Bitcoins stolen in the cyberattack on Bitfinex, worth the equivalent of $3.6 billion, had been seized. The couple is believed to have used multiple methods to legalize the cryptocurrency, including creating fictitious identities, depositing funds into the accounts of cryptocurrency exchanges and shadow markets and then withdrawing them, converting Bitcoins into other types of virtual currency, and using transaction automation software that allows multiple.