Ilya Lichtenstein, who hacked crypto exchange Bitfinex and stole nearly 120,000 Bitcoin, said he has been freed from prison early. Lichtenstein said he was beingIlya Lichtenstein, who hacked crypto exchange Bitfinex and stole nearly 120,000 Bitcoin, said he has been freed from prison early. Lichtenstein said he was being

“Thanks to Trump’s Law”: $4B Bitcoin Hacker Credits Regulations for Early Prison Release

2026/01/03 03:44
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Ilya Lichtenstein, who hacked crypto exchange Bitfinex and stole nearly 120,000 Bitcoin, said he has been freed from prison early. Lichtenstein said he was being released thanks to the First Step Act, the bipartisan prison-reform law signed by President Donald Trump.

Lichtenstein’s wife, Heather Morgan, who also pleaded guilty as part of the bitcoin laundering scheme, celebrated her husband’s apparent release.

The Russian-U.S. national who hacked crypto exchange Bitfinex and stole nearly 120,000 bitcoin said he has been freed from prison early thanks to the bipartisan prison-reform law signed by President Donald Trump.

Early Exit After 2024 Sentencing

Lichtenstein, 38, had been sentenced in November 2024 to five years in prison after pleading guilty to a money laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Read this Term conspiracy charge and admitting to the hack of crypto assets now valued in the billions of dollars.

  • Hackers Drain Hundreds of Crypto Wallets, Targeting Accounts Under $2,000: Report
  • Second JavaScript Exploit in Four Months Exposes Crypto Sites to Wallet Drainers
  • HP CEO “Exposes” Ink Cartridge Vulnerability Triggering Legal Storm

But late Thursday night, a post on Lichtenstein’s official X account declared, “Thanks to President Trump’s First Step Act, I have been released from prison early.”

“I remain committed to making a positive impact in cybersecurity Cybersecurity Cybersecurity is a blanket term that refers to the protection of computer systems and networks from the theft.More broadly speaking, cybersecurity can also represent countermeasures against damage to hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.It was not long ago that the term cybersecurity not exist as it was first used in 1989. In today’s vernacular cybersecurity, refers to measures taken to protect a computer or computer Cybersecurity is a blanket term that refers to the protection of computer systems and networks from the theft.More broadly speaking, cybersecurity can also represent countermeasures against damage to hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.It was not long ago that the term cybersecurity not exist as it was first used in 1989. In today’s vernacular cybersecurity, refers to measures taken to protect a computer or computer Read this Term as soon as I can,” Lichtenstein’s post said. “To the supporters, thank you for everything. To the haters, I look forward to proving you wrong.”

Keep reading: Hackers Drain Hundreds of Crypto Wallets, Targeting Accounts Under $2,000: Report

According to CNBC, a Trump administration official told the publication that Lichtenstein “has served significant time on his sentence and is currently on home confinement consistent with statute and Bureau of Prisons policies.”

Trump Law at the Center

Lichtenstein’s wife, Heather Morgan — who also pleaded guilty to helping launder the stolen funds — shared Lichtenstein’s message on her own X account, saying, “The best New Years present I could get was finally having my husband home after 4 years of being apart.”

Morgan’s tweet, posted two minutes after Lichtenstein’s, included a photo of the couple smiling for a selfie. Lichtenstein’s sentence included credit for time he already served in custody following his arrest in 2022, more than five years after Bitfinex was hacked.

Lichtenstein was sentenced to five years in prison last year. In addition to the massive crypto heist, Lichtenstein was convicted of conspiracy to commit money laundering and will face three years of supervised release after completing his prison term.

The sentencing comes after Lichtenstein and his wife, Heather Morgan, who also played a central role in the scheme, pleaded guilty to conspiracy to commit money laundering. Morgan’s sentencing is set for November 18.

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$2.857
$2.857$2.857
+1.49%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Today’s Biggest Crypto Movers: Dogecoin Leads the Pack

Today’s Biggest Crypto Movers: Dogecoin Leads the Pack

Today's Biggest Crypto Movers: Dogecoin Leads the Pack 🚀 Crypto Markets Heat Up Today Major cryptocurrencies are showing strong gains. Let's dive into today's top
Share
Blockchainmagazine2026/04/03 13:00
RWA Boom Accelerates As Tokenized Assets Hit New Highs In Early 2026

RWA Boom Accelerates As Tokenized Assets Hit New Highs In Early 2026

RWA distributed value rose from about $21B to $27.5B in Q1 2026, a gain of roughly 30%. Tokenized US Treasuries reached about $10B, creating an on-chain yield base
Share
LiveBitcoinNews2026/04/03 13:00
Cryptos Signal Divergence Ahead of Fed Rate Decision

Cryptos Signal Divergence Ahead of Fed Rate Decision

The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01

Trade GOLD, Share 1,000,000 USDT

Trade GOLD, Share 1,000,000 USDTTrade GOLD, Share 1,000,000 USDT

0 fees, up to 1,000x leverage, deep liquidity