Tag: cryptocurrency exchange Bitfinex

Bitfinex Hack Convict Ilya Lichtenstein Released Early Under U.S. First Step Act
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Bitfinex Hack Convict Ilya Lichtenstein Released Early Under U.S. First Step Act

Ilya Lichtenstein, who was given a prison sentence last year for money laundering offenses related to his involvement in the significant hack of the cryptocurrency exchange Bitfinex in 2016, announced his early release. The 38-year-old announced his release in a post on X last week, citing the First Step Act of US President Donald Trump. Lichtenstein's release date is set for February 9, 2026, according to the Federal Bureau of Prisons' inmate locator. Lichtenstein continued, "I'm still determined to contribute positively to cybersecurity as soon as I can." Thank you for everything, fans. I'm eager to disprove the haters. The Trump administration passed the bipartisan First Step Act in 2018 with the goal of reducing the number of people incarcerated in federal prisons and improvi...