Netflix proclaims fresh series on Bitfinex hack intelligent 120,000 Bitcoin

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The Netflix documentary shall be a pair of New York-essentially essentially based mostly couple and their hyperlink to laundering virtually 120,000 BTC tied to the crime.

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Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin

Streaming and production huge Netflix will soon create a documentary series on the scandalous Bitfinex hack — one of many supreme financial crimes from 2016 stealing 119,756 Bitcoin (BTC) — price $72 million at the time. 

The Netflix documentary shall be centered round a New York-essentially essentially based mostly couple and their hyperlink to laundering virtually 120,000 BTC tied to the crime. In step with Netflix, the documentary shall be directed by American filmmaker Chris Smith with Gash Bilton because the co-executive producer. The announcement read:

“Netflix has ordered a documentary series a pair of married couple’s alleged intention to launder billions of bucks price of stolen cryptocurrency within the supreme felony financial crime case in historical previous.”

The voice is in response to 2 predominant characters — Ilya Lichtenstein and Heather Morgan — the NYC couple linked to the 120,000 BTC heist and their involvement in laundering the stolen funds.

Bitcoin sign motion since August 2016. Source: TradingView

As evidenced by the info from Cointelegraph Markets Pro and TradingView, ever for the rationale that Bitfinex hack, BTC costs soared over 7415% in handsome five years. 

Netflix notes that “because the price of the stolen Bitcoin soared from $71 million at the time of the hack to virtually $5 billion, the couple allegedly tried to liquidate their digital money by creating faux identities and online accounts, and hunting for bodily gold, NFTs, and more – all whereas investigators raced to trace the money’s motion on the blockchain.”

Cointelegraph has previously tracked the motion of the stolen funds, with basically the most up-to-date motion dating succor to as new as Feb 1, 2022.

⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ 10,000 #BTC (383,540,711 USD) of stolen funds transferred from Bitfinex Hack 2016 to unknown wallet

— Whale Alert (@whale_alert) February 1, 2022

Connected: Cyber vigilante hunts down DeFi scammers working away with $25M rug pull

Cointelegraph currently interviewed an anonymous cyber vigilante who tracked down a community of decentralized finance (DeFi) scammers to blame for the $25 million StableMagnet rug pull and at final had the stolen money returned succor to the merchants.

Examine out the whole episode to search out out how the vigilante coordinated with the Manchester Police to retrieve a single USB software program with roughly $9 million.