Bitfinex Hacker Behind $11 Billion Bitcoin Heist Credits Trump for Early Prison Release

BTC2,82%
TRUMP34,57%

In brief

  • Bitfinex hacker Ilya Lichtenstein has been released from prison years early and is now on home confinement.
  • Lichtenstein and his recently freed wife Heather “Razzlekhan” Morgan both credited President Trump with their early releases.
  • Trump admin officials confirmed the release of Lichtenstein, but did not say whether the White House intervened.

Ilya Lichtenstein, who orchestrated the theft of over $11 billion worth of Bitcoin from crypto exchange Bitfinex in 2016, is out of prison years ahead of schedule—and credits President Donald Trump with the early release. Months prior, Lichtenstein’s wife and convicted co-conspirator, Heather “Razzlekhan” Morgan, was also released early from prison. Morgan similarly thanked Trump for her early release.  A Trump administration official confirmed to _Decrypt _on Monday that Lichtenstein is in fact out of prison. 

“This individual has served significant time on his sentence and is currently on home confinement consistent with statute and Bureau of Prisons policies,” the official said. The official did not respond to further inquiries regarding whether the White House played any role in securing Lichtenstein’s early release.

The best New Years present I could get was finally having my husband home after 4 years of being apart. 💜🙏🪬 https://t.co/toUJ0Bz70h pic.twitter.com/plsnktmJ5l

— Heather “Razzlekhan” Morgan (@HeatherReyhan) January 2, 2026

The convicted money launderer was sentenced in November 2024 to five years in prison for stealing over 119,000 BTC from Bitfinex. Lichtenstein managed to obtain the funds by exploiting a vulnerability in the crypto exchange’s security infrastructure, with his wife convicted for helping to launder the stolen funds.

The stolen Bitcoin, valued at $71 million at the time, is now worth some $11.2 billion. The funds were eventually recovered by the U.S. government. Upon his release on New Year’s Day, Lichtenstein credited “President Trump’s First Step Act” with his early release from federal prison. “To the supporters, thank you for everything,” Lichtenstein said. “To the haters, I look forward to proving you wrong.” In 2018, President Trump signed the First Step Act, a bipartisan prison reform bill that, among other things, offered new pathways for certain inmates to be “pre-released” into home confinement. Certain elderly and terminally ill inmates are permitted to serve the remainder of their sentences at home, and inmates can also earn up to 54 days a year of “good time credit” that can accumulate towards early pre-release. It is not clear whether Lichtenstein qualified as elderly or terminally ill, or had accumulated sufficient good time credit to be pre-released barely a year after receiving his sentence. The Bureau of Prisons did not immediately respond to Decrypt’s request for comment on the matter. Upon her own release from prison in October, Lichtenstein’s wife, the rapper Heather “Razzlekhan” Morgan, thanked President Trump for the early exit—but made no mention of the First Step Act. “I want to give a shoutout to Papa Trump for making my 18-month sentence shorter,” Morgan said from her bathtub. “So razzle-fucking-dazzle.” At the time, a White House official told Decrypt that Morgan’s early release was “not due to a commutation from the president.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Price Prediction TOP 3 Cryptocurrencies: BTC, ETH and XRP Signal a New Breakout

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are sending signals for a potential breakout on Friday, after recording impressive gains of over 8%, 10%, and 4% respectively this week. Currently, BTC and ETH are approaching key technical levels – milestones that could determine the next direction

TapChiBitcoin41m ago

BTC breaks through 72000 USDT, 24-hour increase of 3.06%

Gate News, on March 13, according to certain exchange market data, BTC broke through 72000 USDT, currently trading at 72020 USDT, with a 24-hour gain of 3.06%.

GateNews50m ago

Today's Cryptocurrency News (March 13) | Bitcoin Surges Toward $72,000; BlackRock's Staking Ethereum ETF Debut Shines

This article summarizes cryptocurrency news from March 13, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Today's major events in the Web3 sector include: 1. Bitcoin approaches $72,000: Supply tightening and regulatory tailwinds resonate, revealing BTC's upward momentum; 2. Increased scams after Ethereum fee reduction? Address poisoning attacks surge, USDT small transaction volume skyrockets 612%; 3. Hong Kong stablecoin regulation enters implementation phase: HSBC, Standard Chartered Bank may be among the first to obtain stablecoin issuance licenses.

GateNews51m ago

Bitcoin Breaking Through $73,000 Will Result in Cumulative Short Liquidation Intensity of $662 Million on Mainstream CEXs

According to Coinglass data, if Bitcoin breaks through $73,000, the liquidation intensity of short positions on mainstream CEXs will reach $662 million; if it falls below $70,000, the liquidation intensity of long positions will reach $726 million. The liquidation chart reflects the liquidity impact after the price reaches specific levels.

GateNews1h ago
Comment
0/400
No comments