The Infamous Bitfinex Hack

In 2016, the world witnessed one of the largest financial crimes in history when 119,756 Bitcoin (BTC) went missing from the Bitfinex exchange, valued at around $72 million back then. Fast forward to today, that same amount would be worth nearly $5 billion — talk about a price surge!

The Couples Behind the Curtain

Netflix is set to shine a light on this notorious case with a documentary series focused on Ilya Lichtenstein and Heather Morgan, an unsuspecting New York couple who allegedly devised a convoluted plan to launder the stolen Bitcoin. It seems like a scene ripped straight from a heist movie!

Creating Fake Identities: The Digital Escape Plan

As the couple allegedly attempted to liquidate their digital bounty, they reportedly created a web of fake identities and online accounts. You know, because why not add a little flair of espionage to money laundering? They didn’t stop at fake names; they also ventured into buying physical gold, NFTs, and who knows what else, all while investigators were hot on their digital tails.

The Documentary Team: Who’s Behind the Production?

Directed by the talented Chris Smith and co-executive produced by Nick Bilton, the documentary promises to deliver a thrilling ride through the criminal undertones of the cryptocurrency boom. Netflix assured viewers that this tale of theft, deception, and money laundering would be nothing short of captivating.

Keeping Tabs on the Stolen Funds

Despite the couple’s elaborate schemes, they’re not in the clear. The blockchain, ever so unforgiving, holds the keys to tracing transactions. Cointelegraph previously reported on the movement of these stolen funds, with the most recent transfer making headlines in February 2022, where thousands of stolen BTC were once again sent to an unknown wallet.