2 years ago
The Netflix documentary volition beryllium astir a New York-based mates and their nexus to laundering astir 120,000 BTC tied to the crime.
Streaming and accumulation elephantine Netflix volition soon nutrient a documentary bid connected the infamous Bitfinex hack — 1 of the biggest fiscal crimes from 2016 stealing 119,756 Bitcoin (BTC) — worthy $72 cardinal astatine the time.
The Netflix documentary volition beryllium centered astir a New York-based mates and their nexus to laundering astir 120,000 BTC tied to the crime. According to Netflix, the documentary volition beryllium directed by American filmmaker Chris Smith with Nick Bilton arsenic the co-executive producer. The announcement read:
“Netflix has ordered a documentary bid astir a joined couple’s alleged strategy to launder billions of dollars worthy of stolen cryptocurrency successful the biggest transgression fiscal transgression lawsuit successful history.”The crippled is based connected 2 main characters — Ilya Lichtenstein and Heather Morgan — the NYC mates linked to the 120,000 BTC heist and their engagement successful laundering the stolen funds.
Bitcoin terms question since August 2016. Source: TradingViewAs evidenced by the information from Cointelegraph Markets Pro and TradingView, ever since the Bitfinex hack, BTC prices soared implicit 7415% successful conscionable 5 years.
Netflix notes that “as the worth of the stolen Bitcoin soared from $71 cardinal astatine the clip of the hack to astir $5 billion, the mates allegedly tried to liquidate their integer wealth by creating fake identities and online accounts, and buying carnal gold, NFTs, and much – each portion investigators raced to way the money’s question connected the blockchain.”
Cointelegraph has antecedently tracked the question of the stolen funds, with the latest question dating backmost to arsenic caller arsenic Feb 1, 2022.
⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ 10,000 #BTC (383,540,711 USD) of stolen funds transferred from Bitfinex Hack 2016 to chartless wallethttps://t.co/kvvWQpZoq8
— Whale Alert (@whale_alert) February 1, 2022Related: Cyber vigilante hunts down DeFi scammers moving distant with $25M rug pull
Cointelegraph precocious interviewed an anonymous cyber vigilante who tracked down a radical of decentralized concern (DeFi) scammers liable for the $25 cardinal StableMagnet rug propulsion and yet had the stolen wealth returned backmost to the investors.
Check retired the full occurrence to find retired however the vigilante coordinated with the Manchester Police to retrieve a azygous USB instrumentality with astir $9 million.
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