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In the crypto world, lack of experience isn’t always a barrier to fortune or notoriety. Take the 2016 Bitfinex hack, which led to charges against a rapper named Razzlekhan and her startup-guy husband. One of the most enduring mysteries in the world of cryptocurrencies was resolved Thursday when Ilya Lichtenstein acknowledged that he was the hacker who executed the 2016 attack on the Bitfinex exchange. Lichtenstein, along with his social-media rapper wife, who dubbed herself the “Crocodile of Wall Street,” pleaded guilty to a money-laundering conspiracy tied to the theft of billions of dollars of Bitcoin from the exchange. Who executed the exploit has been the biggest guessing games in crypto after the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Lichtenstein, 35, admitted during a hearing on Thursday before US District Judge Colleen Kollar-Kotelly that he orchestrated the hack, which took 119,756 Bitcoin from Bitfinex. He faces as long as 20 years in prison. #Crypto #Razzlekhan #Bitfinex Like this video? Subscribe: 🤍🤍youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: 🤍🤍youtube.com/bloomberg/join Subscribe to Quicktake Explained: 🤍bit.ly/3iERrup QuickTake Originals is Bloomberg's official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel QuickTake News for breaking global news and insight in an instant.
Recently, my finances have been on my mind a lot. I'm thinking of hiring a financial advisor because the markets are so volatile. Has anyone else done research on this?
The penalties are far too lenient and should be tough. Hackers know what they are doing. Only extremely harsh penalties also deter.
Clearly she's was an undiscovered 'genius' .. anvant guard in the art world and totally mad as a box of frogs..
yep.
Is like she has brain paralysis!
pure idiocy and sickness
Dam she thickkkkkk 1 email a day for 10 years is 3k emails
If the government prints money out of thin air. Its okay though.
Oooh she strange
BieRlsG44Bg&t=6m35s 6:35 the journalist watched Word Crimes by Weird Al Yankovic. He's a fan of Weird Al. I found someone who has the same interest as me.
Cryptocurrency is the future, I think now is the right time to invest and trade crypto. I have been on a part of financial freedom since I accepted crypto
I wish there were more info on the restitution of fund that will go on.. How will the FBI deal with giving back the bitcoin to the original owners etc..
Great outreach tips though
So many exchanges get "hacked" by their own devs/CEOs
She'll have plenty of time to fine tune her rap career. 😎
BieRlsG44Bg&t=11m40s 11:40 Does she say alter “eagle?”
her name is Tether?????
Did that commentator say she had an alter « eagle »😲😂😂😂
Legendary 😂
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