Sunday, April 20, 2025

Amazon is making a film on the Bitfinex money launderers



Amazon MGM Studios has reportedly began creating a film primarily based on the couple who laundered billions of {dollars} value of Bitcoin (BTC) linked to the 2016 hack of the cryptocurrency trade Bitfinex.

In keeping with a Jan. 26 report from Deadline, the Amazon manufacturing studio is planning the event of Razzlekhan, a movie specializing in the actions of Ilya Lichtenstein and Heather Morgan and their function in laundering funds from Bitfinex. The script will reportedly be impressed by a 2022 New York Instances article on the couple, branding them as “Bitcoin’s Bonnie and Clyde.”

Following the hack of Bitfinex in August 2016, during which roughly 119,754 BTC was stolen, Lichtenstein and Morgan laundered greater than 94,643 BTC of the funds “in a sequence of small, advanced transactions throughout a number of accounts and platforms,” in keeping with prosecutors. Authorities in america arrested the couple in February 2022. They seized the Bitcoin, which was value roughly $54 million on the time of the hack however greater than $3 billion at their arrest.

In August 2023, as a part of a deal with prosecutors, Lichtenstein pleaded responsible to conspiracy to commit cash laundering, and Morgan pleaded responsible to cash laundering conspiracy and conspiracy to defraud america. Razzlekhan, the proposed title of the film, was Morgan’s moniker as an “irreverent comedic rapper.”

Associated: Crypto documentary ‘Bull Run’ takes on Bitcoin, tokenization and trading addiction

Although the Lichtenstein and Morgan movie seems to be a dramatic tackle the couple’s life, many different studios have opted to cowl figures within the crypto area by means of documentaries.

Following the collapse of FTX and the arrest of former CEO Sam “SBF” Bankman-Fried in 2022, there have been rumors of a documentary on the connection between SBF and former Binance CEO Changpeng Zhao. Netflix additionally launched a documentary in 2022 on the life and loss of life of QuadrigaCX founder Gerald Cotten, who left customers lower off from hundreds of thousands of {dollars} value of crypto.

Journal: Big Questions: How can Bitcoin payments stage a comeback?