Who is Heather Morgan aka Razzlekhan in Biggest Heist Ever and how long was her Bitfinex crypto theft prison sentence?
An American entrepreneur named HEATHER Morgan was convicted of laundering billions of dollars in Bitcoin.
The criminal’s evil plan is examined in the new Netflix series Biggest Heist Ever, which looks at how she was able to carry off such a startling scam.
Business minded
Heather studied economics at the University of California, where she gained a keen understanding of financial modeling and market behavior.
Before relocating to New York, she obtained a master’s degree in international development economics from the American University of Cairo.
She was able to launch her business career in her home country of America thanks to her educational background.
Morgan identifies herself as a prolific writer, serial entrepreneur, and investor in B2B software startups with significant development potential on her LinkedIn profile.
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Eventually, the business owner founded SalesFolk, an email marketing company that focused on business-to-business (B2B) email campaigns.
Morgan s rap career
In addition to her professional employment, Morgan started rapping and started calling herself the notorious Crocodile of Wall Street.
She frequently filmed in the financial area of New York, dedicating her songs to the brilliant slackers, hackers, misfits, and entrepreneurs.
Morgan also created a flamboyant and eccentric fashion sense and called herself Razzlekhan as part of her rap identity.
Morgan s secret plot
Morgan was at the center of some of the most contentious events in cryptocurrency history.
She and her spouse, Ilya Lichetenstein, were charged with laundering more than $4.5 billion in Bitcoin during the Bitfinex hack in 2016.
Due to Morgan’s error in using the stolen funds to purchase Walmart vouchers, which revealed the entrepreneur’s role in the Bitfinex hack, the criminal duo was apprehended.
In February 2022, Morgan and Lichtenstein were taken into custody.
The authorities later learned that the two had taken approximately 95,000 Bitcoins, each of which was incredibly valuable.
It was discovered that the couple would divide the money into small portions and place them in wallets while posing as someone else.
They then used their money to purchase gold coins on the darknet marketplace Alphabay, where they mingled it with illicit currencies.
Lastly, in order to make their Bitcoin appear authentic, they set up shell corporations.
Public outcry
People opposed to the digital currency as well as those in favor of it expressed strong opinions in the public.
Supporters of cryptocurrencies believed she had damaged confidence in the platform, while opponents believed she had exposed the ease with which financial crimes could be perpetrated using Bitcoin.
As a result of the dispute, Morgan gained yet another nickname: Bitcoin Bonnie.
The Biggest Heist Ever
In August 2023, Morgan eventually admitted to the crime and entered a guilty plea.
She was given an 18-month prison sentence for the offense on November 18, 2024.
Lichtenstein was sentenced to five years in prison after confessing to being responsible for the cryptocurrency hack.
Read More on The US Sun
The Biggest Heist Ever, a new documentary on Netflix, will examine their nefarious plan.
On December 6, 2024, the 87-minute special will be streamed.
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