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[US Prosecutors Call For Commutation Of Five-year Prison Sentence For 2016 Bitfinex Hacker Ilya Lichtenstein] US Prosecutors Recommended A Five-year Prison Sentence, Followed By Three Years Of Supervised Release, For 2016 Bitfinex Hacker Ilya Lichtenstein, For Participating In Money Laundering In The 2016 Bitfinex Hack. Despite Lichtenstein's Involvement In Cybercrime, The US Government Still Recommended A Lower-than-standard Sentencing Term, Taking Into Account His Cooperation In The Case And Assisting Other Investigations. Prosecutors Pointed Out That A Severe Sentence For Lichtenstein Will Help Break The Vicious Cycle Of Young Cybercriminals Who Find A Sense Of Belonging In The Network Due To Social Isolation And Gradually Become Involved In Crime. It Is Reported That In August 2023, Lichtenstein And His Co-defendant Morgan Pleaded Guilty To Money Laundering Charges Related To The Bitfinex Security Breach. When The Two Were Arrested, The US Department Of Justice Implemented The Largest Financial Seizure Operation In History
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