$4 Billion Bitfinex Bitcoin Hack Turns into Amazon Film

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  • Amazon MGM Studios is growing a film based mostly on the Bitfinex hack.
  • The film focuses on the criminals concerned within the hack. Ilya Lichtenstein and Heather Morgan.
  • The New York Occasions is concerned within the manufacturing of the movie.

Leisure firm Amazon MGM Studios is growing a movie based mostly on the true story of criminals Ilya Lichtenstein and Heather Morgan, who had been concerned within the 2016 Bitfinex hack.

The couple was indicted by the U.S. Division of Justice in 2022 on costs of cash laundering conspiracy and pleaded responsible to orchestrating a $4.5 billion cash laundering scheme associated to the notorious hack.

The movie is reportedly impressed by a 2022 New York Occasions article. The newspaper can also be concerned in producing the movie, which will probably be directed and written by American author and director Hannah Marks. Moreover, reviews have revealed that American actress Lili Reinhart of 'Riverdale' and movie producer Katherine Hagedorn will probably be producing the movie.

The movie, referred to as “Razurkan,” takes its title from Morgan's rapper stage title. Morgan was reportedly an aspiring rapper who glided by the title “Razurkan” whereas working within the cybersecurity discipline.

The couple admitted to stealing 120,900 Bitcoins value about $3.6 billion on the time, and about $5.1 billion right this moment. Lichtenstein and Morgan reportedly agreed to forfeit their income, but when convicted they might withstand 20 years in federal jail.

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In response to reviews, Lichtenstein confessed in August final 12 months that he was the unique hacker behind the 2016 cyberattack on a cryptocurrency trade. Deputy U.S. Legal professional Lisa Monaco referred to as the $3.6 billion “the most important monetary seizure within the historical past of the Division of Justice.”

In associated information, a latest report by Chainalysis confirmed that the quantity of funds stolen in crypto crimes final 12 months decreased considerably in comparison with the earlier 12 months. In response to the report, losses in 2023 had been $1.7 billion, down 54.3% from the earlier 12 months.

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