💨 Abstract

A tech entrepreneur, Ilya Lichtenstein, has been sentenced to five years in prison for laundering funds stolen in one of the biggest cryptocurrency heists. In 2016, Lichtenstein hacked into the Bitfinex network and stole approximately 120,000 bitcoin, worth around £56 million at the time but now valued at over £7 billion.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖