Couple admit laundering $4B of stolen Bitfinex Bitcoins

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Couple admit laundering $4B of stolen Bitfinex Bitcoins
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Couple admit they laundered $4B in stolen Bitcoin after Bitfinex super-heist

According to US prosecutors, Lichtenstein gained access to Bitfinex's network using unidentified tools and proceeded to initiate more than 2,000 fraudulent transactions that sent 119,754 bitcoin from Bitfinex into a cryptocurrency wallet he controlled.

Thereafter, the Justice Department said, he tried to cover his tracks by deleting access credentials and log files, and then involved Morgan to help launder the stolen funds by transferring them through a maze of financial accounts. At one point Lichtenstein used some of the funds to buy gold coins, which were then buried by Morgan.

Shortly before the couple's arrest, the affidavit says, the Feds"gained access to wallet 1CGA4s by decrypting a file saved to Lichtenstein's cloud storage account, which had been obtained pursuant to a search warrant. The file contained a list of 2,000 virtual currency addresses, along with corresponding private keys. Blockchain analysis confirmed that almost all of those addresses were directly linked to the hack.

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