Heather Morgan, aka “Razzlekhan” or “Crocodile of Wall Street,” was sentenced to 18 months in prison for her role in laundering stolen Bitfinex Bitcoin worth more than $10 billion.
Morgan, 34, and her husband, Ilya Lichtenstein, 35, were involved in the high-profile hack of cryptocurrency exchange Bitfinex in 2016. The heist resulted in the theft of more than 119,000 BTC.
Official trailer for the docu-film THE GREATEST HEIST EVER on Bitcoin Bonnie & Clyde.
On Netflix December 6
She rapped. He hacked. How Ilya "Dutch" Lichtenstein and his wife Heather "Razzlekhan" Did Morgan commit one of the biggest crypto crimes of all time? pic.twitter.com/nlEeNkrPFK
– Rama’s Screen (@RamasScreen) November 19, 2024
Razzlekhan convicted for her role in what is now a multi-billion dollar heist and now has a Netflix documentary on the way
A federal judge sentenced Heather Morgan to 18 months in prison for helping her husband, Ilya “Dutch” Lichtenstein, launder stolen Bitcoin. Lichtenstein admitted to operating the Bitfinex cryptocurrency exchange in 2016 and pocketing more than 119,000 Bitcoins.
At the time, the stolen BTC was worth $71 million, while today it totals over $10 billion.
Before her arrest, Morgan was best known as a (terrible) rapper, a Forbes and Inc. blogger, and an entrepreneur. When the Justice Department announced her arrest, the internet quickly discovered her crypto-themed rap videos, which she made under the name “Razzlekhan.”
The full story of Morgan and Dutch is being turned into a Netflix documentary series aptly named “The Greatest Heist of All Time.” The timing is perfect following Morgan’s sentencing as he is expected to be released early next month on December 6th.
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Morgan says she will tell her side of the story soon while promising updates on her latest initiatives
My statement #razzlekhan pic.twitter.com/janr9RD1Q2
– Heather "Razzlekhan" Morgane (@HeatherReyhan) November 18, 2024
Undeterred by her conviction, “Razzlekhan” released a statement on tell you more about the creation and other efforts I have been working on.
Morgan pleaded guilty to helping her husband, Ilya “Dutch” Lichtenstein, hide stolen crypto via complex money laundering techniques last year. Lichtenstein pleaded guilty for his role in the Bitfinex hack and last week was sentenced to five years in prison for his troubles.
It was noted that Morgan and Lichtenstein both received lenient sentences for cooperating with authorities in other investigations.
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Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.
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