Bitfinex Hacker Ilya Lichtenstein Thanks Trump's First Step Act for Early Prison Release
The U.S. hacker pleaded guilty to stealing and laundering nearly 120,000 bitcoin from cryptocurrency exchange Bitfinex in 2016.
Today, in a surprising turn of events, convicted Bitfinex hacker Ilya Lichtenstein attributes his unexpected early prison release to the First Step Act signed by former President Donald Trump. Lichtenstein, who pleaded guilty to the theft and laundering of a substantial amount of bitcoin from the renowned cryptocurrency exchange in 2016, was sentenced to serve time in prison but has now been released ahead of schedule.
According to Lichtenstein's legal team, the provisions of the First Step Act, which aimed to reform the criminal justice system and promote rehabilitation for non-violent offenders, played a pivotal role in securing his early release. The Act allowed Lichtenstein to participate in various programs and initiatives during his time in prison, ultimately leading to a shortened sentence.
Despite the controversy surrounding his actions, Lichtenstein expressed gratitude for the opportunity to turn his life around and contribute positively to society. The case raises questions about the intersection of technology, crime, and justice, highlighting the complex dynamics shaping the world of cryptocurrency and its legal implications.