Subscribe To Our Newsletter

    Get the latest crypto news right into your email box. No spamming. We hate it too. Only pertinent news you need to know

    Latest News

    Coinbase Fixing Problem That Halted Payments From US Banks

    October 9, 2022

    Binance May Spend Over $1 Billion This Year on Deals, CZ Says

    October 9, 2022

    Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

    May 1, 2022
    Facebook Twitter Pinterest LinkedIn
    RareHippo – Crypto, Bitcoin, Blockchain News & Views
    Facebook Twitter Pinterest LinkedIn
    • Home
    • Bitcoin
    • NewsWire
      1. Latest News
      2. Top Stories
      3. Features
      4. What’s Hot
      5. Must Read
      6. Trending
      7. Spotlight
      8. Editors’ Picks
      9. View All

      Coinbase Fixing Problem That Halted Payments From US Banks

      October 9, 2022

      Binance May Spend Over $1 Billion This Year on Deals, CZ Says

      October 9, 2022

      El Salvador’s Companies Barely Bother With Bitcoin

      March 19, 2022

      New Jersey legislation aims to prevent public officials from being gifted NFTs

      March 18, 2022

      Coinbase Fixing Problem That Halted Payments From US Banks

      October 9, 2022

      Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

      May 1, 2022

      Crypto’s Preferred Currency for Political Donations Isn’t Bitcoin. It’s Dollars

      March 19, 2022

      Meta Sued by Australian Watchdog Over Scam Crypto Advertisements

      March 18, 2022

      Binance May Spend Over $1 Billion This Year on Deals, CZ Says

      October 9, 2022

      Two Senators propose crypto legislation for tax exemption on capital gains

      May 1, 2022

      Wall Street Reluctantly Embraces Crypto

      May 1, 2022

      Warren bill draws outcry over broad terms, but seems unlikely to pass

      March 20, 2022

      Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

      May 1, 2022

      Russia-Ukraine War Is Bringing Out the Good, Bad, & Ugly of Cryptocurrencies

      March 18, 2022

      The ‘world’s most advanced’ digital human wants you to buy her NFT art

      March 15, 2022

      FTX crypto exchange wins license in Dubai to open regional headquarters

      March 15, 2022

      Crypto Startup Founded by Ex-Meta Employees Raises $200 Million

      March 16, 2022

      U.K. Crime Agency Wants to Regulate Crypto Transaction Mixers

      March 15, 2022

      A Wall Street Quant Turns His Crypto Firm Into a Unicorn

      March 14, 2022

      Standard Chartered’s crypto custodian to help clients earn yield on token holdings

      March 14, 2022

      Man passing as UN affiliate convicted for crypto scheme

      March 18, 2022

      The Future of Crypto Is Boring — and Bright

      March 15, 2022

      Investors turn to crypto funds, companies as Russia-Ukraine crisis escalates

      March 15, 2022

      Binance Wins Crypto Licenses From Dubai, Bahrain

      March 15, 2022

      Why Bitcoin’s Environmental Problems Are So Hard to Fix

      March 16, 2022

      Americans Want Crypto From Their Banks

      March 15, 2022

      Why Decentralized Exchanges Are Important in the Crypto Economy

      March 10, 2022

      Binance plots M&A spree as regulators scrutinize crypto trading unit

      March 10, 2022

      Amid New Executive Order, White House Director Sheds Light On Crypto Policy

      March 16, 2022

      Bitcoin Evangelist Saylor Tells Economists Why They’re Wrong

      March 15, 2022

      Crypto Mania in Texas Risks New Costs and Strains on Shaky Grid

      March 15, 2022

      Bitcoin’s scared of commitment, Mr. Biden

      March 15, 2022

      Coinbase Fixing Problem That Halted Payments From US Banks

      October 9, 2022

      Binance May Spend Over $1 Billion This Year on Deals, CZ Says

      October 9, 2022

      Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

      May 1, 2022

      Two Senators propose crypto legislation for tax exemption on capital gains

      May 1, 2022
    • Altcoins
      • Ethereum
      • XRP-Ripple
      • Solana
      • Dogecoin
      • Cardano
      • Shiba Inu
    • Topics
      • Cryptocurrencies
      • Investments
      • Markets
      • NFTs
      • DeFi
      • ETFs
      • DAOs
      • Crypto Regulation
      • Metaverse
      • Blockchain & Web3
      • Blockchain Gaming
      • Crypto Exchanges
      • Crypto Mining
      • Stablecoins
      • Cybersecurity
      • Digital Currencies – CBDC
      • Crypto Book Reviews
      • Technology
      • Internet of Things
    • Opinions
    • Explainers
    • Press Releases

      Former Uber LatAm Head of Policy Leads Crypto Ride-Hailer Drife Toward Planned Global Expansion

      March 7, 2022

      European index provider for crypto assets Vinter raises $3.4m funding

      February 22, 2022

      PR – British crypto processor brings in $60 million for expansion in Europe

      January 25, 2022

      PR – CoinMENA obtains 2nd crypt0 license from European Union

      January 25, 2022

      NFT investment specialist looks to acquire Pluto Digital for £96m

      January 24, 2022
    RareHippo – Crypto, Bitcoin, Blockchain News & Views
    Home»Cybersecurity»Lawyers for accused bitcoin money launderer Heather Morgan in talks with prosecutors to avoid trial
    Cybersecurity

    Lawyers for accused bitcoin money launderer Heather Morgan in talks with prosecutors to avoid trial

    By Dan Mangan
    March 1, 2022By CNBC News4 Mins ReadNo Comments
    Facebook Twitter LinkedIn Pinterest Reddit WhatsApp Email Tumblr VKontakte Telegram
    Share
    Facebook Twitter Pinterest Reddit WhatsApp Email LinkedIn Tumblr Telegram

    A federal prosecutor said in court Monday that he and lawyers for a woman accused of trying to launder $4.5 billion in stolen bitcoin with her husband are discussing a possible “resolution” of her criminal case without going to trial.

    The disclosure strongly suggests that Heather “Razzlekhan” Morgan, who only was arrested with her husband Ilya “Dutch” Lichtenstein on Feb. 8, could be offered a plea deal in a case that has already seen the Justice Department seize more than $3.6 billion in bitcoin that was part of the alleged scheme.

    Donate to RareHippo Now!

    It was the largest financial seize in the department’s history.

    Morgan, a 31-year-old rapper and entrepreneur who was released from jail last Friday on $3 million bond bail, appeared via phone from her home in New York City for a hearing in Washington, D.C., federal court on Monday.

    Her 34-year-old husband did not appear for the hearing. He has been denied bail and remains in jail.

    Early in the proceeding, Morgan told Judge Robin Meriweather that she has recently been diagnosed with Covid-19.

    At the hearing, Morgan was advised, again, of the nature of the charges against her. She and Lichtenstein are accused of trying to hide the source of the nearly 120,000 bitcoin stolen in the 2016 hack of the cryptocurrency Bitfinex.

    Prosecutors accused the couple of engaging in a complex series of transactions to launder the swiped bitcoin.

    Neither of the defendants is charged with the hack itself. At the time of the hack, the stolen bitcoin was worth $70 million, but the cryptocurrency greatly appreciated in value in the years since then.

    At the hearing, Meriweather set Morgan’s next court date for March 25.

    Assistant U.S. Attorney Christopher Brown, a cybercrimes prosecutor, asked Meriweather to suspend the so-called speedy trial clock for Morgan until then. That clock requires prosecutors to try defendants in federal felony criminal cases within 70 days of an indictment being issued.

    Brown told the judge there were two main reasons for suspending the clock.

    The first was the extensive amount of evidence to be shared with defense lawyers in the case, which Brown said is expected to be “complex and voluminous.”

    The prosecutor said the evidence would include thousands of financial transactions involving cryptocurrency and U.S. dollars over a five-year span, across dozens of financial accounts in the defendants’ names.

    Brown also noted that authorities had seized more than 50 electronic devices from Morgan and Lichtenstein.

    The second reason to suspend the clock, Brown said, was “to allow the parties to engage in discussions for resolution of this case short of trial.”

    Morgan’s lawyers did not object to the suspension of the clock, or to Brown’s characterization of their discussions.

    The prosecutors also wrote in court filings: “The Government and defense counsel are engaged in discussions concerning a possible disposition of this matter.”

    Gerald Lefcourt, a New York attorney who previously served as president of the National Association of Criminal Lawyers, when read that language by CNBC and informed of Brown’s comments said, “They’re plea bargaining.”

    “That’s typical language when the government and the defense informs the judge” that they are discussing a possible plea bargain for a defendant, said Lefcourt, who is not associated with the case.

    Crypto news & Views

    Lefcourt also said that “it’s not typical” for prosecutors and defense lawyers to start plea talks so soon after a defendant’s arrest, as appears to be the case for Morgan.

    “But, you know, there are many situations where the government surprisingly learns a lot of things before filing” a criminal case, “and bright defense lawyers see the writing on the wall.”

    Samson Enzer, Morgan’s lawyer, did not immediately respond to messages from CNBC seeking comment.

    A spokesman for the U.S. Attorney’s Office for the District of Columbia declined to comment.

    Netflix announced earlier this month that it had commissioned a docuseries about the case.

    Netflix said the series on the couple will be directed by Chris Smith, who helmed the Netflix series “FYRE: The Greatest Party That Never Happened,” about the fraudulent Fyre Festival, and was executive producer of the company’s Covid pandemic smash hit “Tiger King.

    Read full story on CNBC News

    Cybersecurity
    Previous ArticleRace to Supply the First U.S. Single-Stock ETF Is Heating Up
    Next Article US Treasury Department Formally Adds Crypto Rules to Russian Sanctions Guidance

    Related Posts

    Coinbase Fixing Problem That Halted Payments From US Banks

    October 9, 20221 Min Read

    Binance May Spend Over $1 Billion This Year on Deals, CZ Says

    October 9, 20223 Mins Read

    Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

    May 1, 20224 Mins Read

    Two Senators propose crypto legislation for tax exemption on capital gains

    May 1, 20225 Mins Read

    Wall Street Reluctantly Embraces Crypto

    May 1, 20225 Mins Read

    Warren bill draws outcry over broad terms, but seems unlikely to pass

    March 20, 20225 Mins Read
    Add A Comment

    Leave A Reply Cancel Reply

    Donate to RareHippo Now!
    Latest News

    Coinbase Fixing Problem That Halted Payments From US Banks

    October 9, 2022

    Binance May Spend Over $1 Billion This Year on Deals, CZ Says

    October 9, 2022

    Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

    May 1, 2022

    Two Senators propose crypto legislation for tax exemption on capital gains

    May 1, 2022

    Wall Street Reluctantly Embraces Crypto

    May 1, 2022
    Follow US & Win Prizes
    • Facebook
    • Twitter
    • LinkedIn
    • Pinterest
    Don't Miss
    Crypto Exchanges

    IC Markets founder Budzinski, the crypto trader who got paid $900m

    January 7, 20225 Mins Read

    The richest and most successful Australian you’ve never heard of makes money from foreign exchange…

    SoftBank-Backed Crypto Firm in Brazil Seeks Mexico Acquisitions

    November 23, 2021

    Central Bank of Iran to Aid Traders With Sanction-Busting Crypto Payments

    January 13, 2022

    Indonesia’s VCGamers raises $2.6m in seed round, boosts valuation to $20m

    January 8, 2022

    Subscribe to Our Newsletter

    Get the latest crypto news right into your email box. No spamming. We hate it too. Only pertinent news you need to know

    Crypto news & Views
    Facebook Twitter Pinterest LinkedIn
    • Home
    • Privacy Policy
    • About Us
    • Donate to RareHippo
    • Get In Touch
    • NewsWire
    © 2023 RareHippo. Powered by 8 Dimensions

    The content of this website is for informational purposes only and is not intended as a substitute for investment or financial advice.

    Type above and press Enter to search. Press Esc to cancel.