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Netflix has ordered a documentary sequence in regards to the couple who allegedly laundered billions of {dollars} from the 2016 Bitfinex hack. Aspiring rapper Heather Morgan and her husband, Ilya “Dutch” Lichtenstein, have been arrested in New York this week. The Division of Justice (DOJ) additionally seized 94,636 bitcoins stolen from the Bitfinex hack.
American subscription streaming service and manufacturing firm Netflix introduced Friday that it “has ordered a documentary sequence a few married couple’s alleged scheme to launder billions of {dollars} price of stolen cryptocurrency within the greatest prison monetary crime case in historical past.”
The corporate defined that Chris Smith — famed for guiding “FYRE: The Best Occasion That By no means Occurred” and “Tiger King” — is ready to direct and government produce the Bitfinex documentary sequence.
As well as, author and producer Nick Bilton — famed for “Pretend Well-known,” “The Inventor: Out for Blood in Silicon Valley,” and “American Kingpin: The Epic Hunt for the Prison Mastermind Behind the Silk Street” — is ready to government produce the Bitfinex documentary sequence.
The documentary might be in regards to the couple who allegedly laundered bitcoin price over $4 billion from a 2016 hack of cryptocurrency alternate Bitfinex.
Netflix described:
Ilya ‘Dutch’ Lichtenstein and Heather Morgan have been arrested of their New York Metropolis condominium on Tuesday, February 8, and now face prices of conspiring to launder practically 120,000 Bitcoin tied to the 2016 hack of a digital foreign money alternate.
Whereas Lichtenstein, who holds twin U.S. and Russian citizenship, co-founded Mixrank, a Y-Combinator backed startup, Morgan is an aspiring rapper underneath the identify Razzlekahn.
The 31-year-old rapper and former Forbes contributor described herself as an “irreverent comedic rapper” and “crocodile of Wall Road.” The movies of her rapping have been broadly mocked on social media after her arrest.
The U.S. Division of Justice (DOJ) introduced Tuesday that Lichtenstein, 34, and his spouse, Morgan, 31, have been arrested for “alleged conspiracy to launder $4.5 billion in stolen cryptocurrency” from the 2016 Bitfinex hack. Particularly, courtroom paperwork present that they “allegedly conspired to launder the proceeds of 119,754 bitcoin” that have been stolen from the cryptocurrency alternate.
The DOJ additionally seized 94,636 BTC from them, which the division described because the “largest cryptocurrency seizure to this point, valued at greater than $3.6 billion” on the time of the seizure. On the time of writing, the worth of the BTC seized is greater than $4 billion.
The courtroom paperwork additional element the couple’s “quite a few refined laundering strategies,” together with utilizing fictitious identities to arrange on-line accounts, utilizing laptop applications to automate transactions, depositing stolen funds into accounts at varied cryptocurrency exchanges and darknet markets, and leveraging “anonymity-enhanced digital foreign money (AEC), in a follow often known as ‘chain hopping.’”
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