Bitfinex Hacker Ilya Lichtenstein Credits Trump for 2026 Early Release
Bitfinex hacker Ilya Lichtenstein has been released early from prison in 2026, crediting Trump's First Step Act. Read more about the $3.6 billion heist mastermind.
The mastermind behind one of the largest financial heists in history is walking free sooner than expected. Ilya Lichtenstein, who pled guilty to money laundering linked to the massive Bitfinex exchange hack, has apparently been released early from prison.
Bitfinex Hacker Ilya Lichtenstein Early Release and the First Step Act
In a post on X late Thursday, Lichtenstein expressed gratitude for President Trump’s First Step Act, a prison reform bill passed during Trump's first term. "I remain committed to making a positive impact in cybersecurity as soon as I can," Lichtenstein stated, addressing both supporters and critics. His release marks a significant turn for the man who once controlled billions in stolen crypto.
The Department of Justice arrested Lichtenstein and his wife, Heather Morgan, in 2022. Authorities seized over $3.6 billion worth of Bitcoin, making it the DOJ's largest financial seizure at the time. Despite being sentenced to 5 years in prison, the hacker's sentence has been cut short.
Home Confinement and Political Context
According to CNBC, an administration official clarified that Lichtenstein has served a significant portion of his sentence and is currently on home confinement. While Lichtenstein credits political reform, the government maintains the move is consistent with Bureau of Prisons policies. The couple’s story, which inspired a Netflix documentary, continues to captivate the crypto world.
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Bitfinex hacker Ilya Lichtenstein has been released early from his 5-year prison sentence, crediting Donald Trump's First Step Act. Read more on his plans for a cybersecurity career.