Latest Posts

Ilya Lichtenstein and Heather Morgan

Posted on by admin


The restoration of the stolen BTC from the 2016 Bitfinex hack was the information of the day.  That story’s protagonists, although, they’re legends within the making. You possibly can already inform that Ilya Lichtenstein and Heather Morgan will reside eternally in meme type. The story is so unlikely that many individuals within the Bitcoin neighborhood are uncertain that it occurred as reported. 

Associated Studying | Bitcoin Stolen From Bitfinex Hack Moved For The First Time In Five Years

Might this tech entrepreneur and this author/ rapper have hacked a cryptocurrency change? Or are they only the cash launderers for a much bigger operation? And, did they actually save the non-public keys to billions in BTC on the cloud? Or had been they arrange? Is legislation enforcement taking part in methods on the general public or are they the heroes of the day? 

We will’t reply these questions in the mean time. What we are able to do is discover the Bitfinex hackers’ social media to get a way of who they’re. However first, a abstract.

What’s The Bitfinex Hack All About? And, Why Is It Related Now?

The “Statement Of Facts” available at the justice.gov web site does a very good job setting the stage: 

“In or round August 2016, a hacker breached Sufferer VCE’s safety programs and infiltrated its infrastructure. Whereas inside Sufferer VCE’s community, the hacker was capable of provoke over 2,000 unauthorized BTC transactions, by which roughly 119,754 BTC was transferred from Sufferer VCE’s wallets4 to an out of doors pockets (Pockets 1CGA4s5 ). On the time of the breach, 119,754 BTC was valued at roughly $71 million. Because of the enhance within the value6 of BTC for the reason that breach, the stolen funds are valued at over $4.5 billion as of February 2022.“

That cash ended up in a Bitcoin handle related to Ilya Lichtenstein and Heather Morgan, however discover that legislation enforcement by no means says they’re the Bitfinex hackers. In reality, the couple has solely been charged with cash laundering. However, what’s the story right here? Our sister web site Bitcoinist does a good job thickening the plot: 

“The suspects had been arrested in Manhattan, New York. Deputy Lawyer Basic Lisa Monaco referred to as the arrest, one of many largest when it comes to monetary seizure in historical past.

In that sense, the federal government official said that Bitcoin and cryptocurrencies should not a “secure haven” for criminals. The assertion contradicts others made by public officers, resembling Senator Elizabeth Warren, which have emphasised the alleged use of crypto in prison actions. Monaco added:

“In a futile effort to keep up digital anonymity, the defendants laundered stolen funds by a labyrinth of cryptocurrency transactions. Due to the meticulous work of legislation enforcement, the division as soon as once more confirmed the way it can and can observe the cash, it doesn’t matter what type it takes.”

Who Is Dutch Ilya Lichtenstein?

Reportedly, Ilya Lichtenstein is a tech entrepreneur and YCombinator alum. In his Twitter, he defines himself as a “Human angel investor, web3 developer, serial entrepreneur.” In his most vital tweet, Dutch criticizes a New York Journal article by saying, “Oh god no. So many phrases about posering on Twitter, virtually nothing about the best way to safe your keys, ship a transaction or get a Defi mortgage.”

Does that appear just like the Bitfinex hacker to you? Or, extra importantly, does that appear like an individual who would retailer his non-public keys within the cloud? We wouldn’t know. Nonetheless, the justice.org report says:

“On January 31, 2022, legislation enforcement gained entry to Pockets 1CGA4s by decrypting a file saved to LICHTENSTEIN’s cloud storage account,8 which had been obtained pursuant to a search warrant. The file contained an inventory of two,000 digital forex addresses, together with corresponding non-public keys. Blockchain evaluation confirmed that the majority of these addresses had been instantly linked to the hack.”

In any case, in an article titled “Rethinking the Ethereum Wallet for Mass Adoption,” within the “Persons are afraid of hackers and malware” part, Ilya Lichtenstein says:

Associated Studying | All Altcoin Innovations Will “Ultimately Benefit Bitcoin”: Bitfinex Whale

“The most important risk to mass adoption is for sure, safety. It’s nonetheless method too arduous to correctly safe plain textual content non-public keys with out making a mistake alongside the way in which. We can’t anticipate mainstream customers to be safety consultants in a world the place the commonest password continues to be “123456”. Safety must be inbuilt to the product by design, not left up the person.”

BTCUSD price chart for 02/09/2022 - TradingView

BTC worth chart for 02/09/2022 on Oanda | Supply: BTC/USD on TradingView.com

Who Is Heather Morgan AKA Razzlekhan?

Reportedly, Heather Morgan is a profitable copywriter who grew her personal enterprise with out exterior traders. On her Twitter web page, she defines herself as a “Serial entrepreneur. SaaS Investor. Razzlekhan. Surrealist Artist, Rapper & Style Designer with synesthesia. Additionally Forbes author.” 

Her most vital tweet says: “Good guiding compass to reside by: How a lot of a POSITIVE IMPACT does your life have on others, together with society & nature?”

The explanation she’s far more attention-grabbing than her husband is her rap alter ego, Razzlekhan. Her movies should not accessible on YouTube anymore, however you’ll be able to nonetheless listen to the songs on Soundcloud. And, some Twitter customers captured clips of the movies earlier than they disappeared:

Under, there’s one other monitor. Above, there’s a pattern of the couple’s Tik Tok content material:

Extra attention-grabbing but, although, is Morgan’s profession as a Forbes author. In her article titled “Experts Share Tips To Protect Your Business From Cybercriminals,” the supposed Bitfinex hacker says:

“Corporations that didn’t have already got distributed groups or earn a living from home insurance policies have struggled to transition to going totally distant amidst the pandemic.

Cybercriminals and fraudsters are profiting from this sudden disruption, resulting in a spike in scams and cybercrime.”

Wacky music apart, does that sound like an individual who would launder cash by present playing cards registered underneath her actual identify? We wouldn’t know, however the justice.org report says:

“Data confirmed that parts of the $500 present card had been then redeemed by three transactions for private gadgets by way of the Walmart iPhone software. Every of the three redemptions had been carried out on-line underneath MORGAN’s identify, utilizing considered one of MORGAN’s e-mail addresses, and offering MORGAN and LICHTENSTEIN’s dwelling handle for supply.”

What Does The Twitterati Suppose About The Alleged Bitfinex Hackers?

Bitcoin investor Alistair Milne questions the couple’s Opsec, “Think about being a hacker (or cash launderer) and maintaining the unencrypted non-public keys to $3.5billion of Bitcoin in an internet account linked to your identify.” Bitcoin safety knowledgeable Jameson Lopp questions their alternative of location, “Think about sitting on $4,000,000,000 in stolen bitcoin, realizing you’re being hunted by nation states, and deciding that NYC is a brilliant place to gap up.”

Featured Picture: The alleged Bitfinex hackers from this tweet | Charts by TradingView





Source link

Leave a Reply

online winning games