By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Crypto > Amazon Developing Movie on Bitcoin Money Laundering Couple Linked to Bitfinex Hack
Crypto

Amazon Developing Movie on Bitcoin Money Laundering Couple Linked to Bitfinex Hack

News Room
Last updated: 2024/01/29 at 9:58 PM
By News Room
Share
4 Min Read
SHARE

Last updated:

January 29, 2024 06:43 EST

| 2 min read

Source: Adobe/Bits and Splits

Amazon MGM Studios is reportedly in the early stages of developing a movie based on the exploits of the couple involved in laundering billions of dollars worth of Bitcoin connected to the 2016 hack of the cryptocurrency exchange Bitfinex.

According to a report from Deadline on January 26, the film will focus on the actions of Ilya Lichtenstein and Heather Morgan, portraying them as “Bitcoin’s Bonnie and Clyde.” The script draws inspiration from a 2022 New York Times article detailing the couple’s role in laundering funds from the Bitfinex hack.

The film “Razzlekhan” will be directed and written by Hannah Marks (“Don’t Make Me Go”) and co-produced by Lili Reinhart, known for her role in “Riverdale.” “Razzlekhan” is derived from Morgan’s moniker as an “irreverent comedic rapper.”

The movie will depict the couple’s activities, including their admission to orchestrating the 2016 hack of the Bitfinex cryptocurrency exchange, which resulted in the theft of 120,900 Bitcoin. U.S. authorities arrested the couple in February 2022, and the seized Bitcoin, initially worth around $54 million at the time of the hack, had surged to over $3 billion by their arrest.

Deputy Attorney General Lisa O. Monaco commented on the case, stating, “In a futile effort to maintain digital anonymity, the defendants laundered stolen funds through a labyrinth of cryptocurrency transactions.” The couple agreed to forfeit their illicit gains but could face up to 20 years in federal prison if convicted. The Justice Department announced in August 2023 that an additional $475 million tied to the heist had been recovered.

In August 2023, as part of a deal with prosecutors, Lichtenstein pleaded guilty to conspiracy to commit money laundering, while Morgan pleaded guilty to money laundering conspiracy and conspiracy to defraud the United States.

Crime Thriller Film in Development Based on Bitfinex Hack Involving Heather Morgan, the Razzlekhan


Heather Morgan, also known as Razzlekhan, was an aspiring rapper and Forbes contributor before her arrest. The film will explore her journey from the world of cybersecurity to the cryptocurrency space, shedding light on her involvement in the heist and subsequent arrest.

Since her bail in June 2023, Morgan has distanced herself from the cryptocurrency and NFT spaces. However, NFTs featuring Razzlekhan mysteriously disappeared from the NFT marketplace, OpenSea, in February 2022. These missing NFTs, album covers for Morgan’s Razzlekhan music videos titled “Versace Bedouin” and “Social Distance,” add an enigmatic layer to the narrative.

While the film takes a dramatic approach to the couple’s lives, other studios have explored cryptocurrency-related stories through documentaries. The collapse of FTX and the arrest of former CEO Sam “SBF” Bankman-Fried in 2022 sparked rumors of a documentary on the relationship between SBF and former Binance CEO Changpeng Zhao.

With a talented team behind the camera and a real-life story as its foundation, the film aims to captivate audiences with a thrilling narrative of crime, digital intrigue, and the pursuit of justice. In addition, Netflix released a documentary in 2022 on the life and death of QuadrigaCX founder Gerald Cotten, who left users cut off from millions of dollars worth of crypto.

Read the full article here

News Room January 29, 2024 January 29, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Bank of England holds rates at 4.25% amid Middle East uncertainty

Stay informed with free updatesSimply sign up to the UK interest rates…

Russia on brink of recession, says economy minister

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Trafigura’s projects boss to leave in latest senior departure

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Iran’s exiled royal calls for regime change — but few are listening

For decades, Reza Pahlavi has lived in exile far from his homeland,…

Solar bankruptcies mount as Congress slashes green energy funds

Stay informed with free updatesSimply sign up to the Renewable energy myFT…

- Advertisement -
Ad imageAd image

You Might Also Like

Crypto

'Fundamental Shift' in Traditional Bitcoin Market Cycle May Be on the Horizon

By News Room
Crypto

FTX/Alameda Unstakes Over $1B in Solana – Is a Major Price Shift Coming?

By News Room
Crypto

Man Utd launch Player Trading Cards digital collectibles and Fantasy United game | 31 July 2024

By News Room
Crypto

Solana Meme Coin Prices Surge – Sealana Raises Over 3 Million

By News Room
Crypto

Can New AI Meme Coin Oracle Meme Surge Like Pepe?

By News Room
Crypto

The Next 100X AI Crypto?

By News Room
Crypto

Argentinian Regulators Talk Bitcoin with El Salvador Authorities

By News Room
Crypto

BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?