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A Crucial Clue in the $4.5 Billion Bitcoin Heist: A $500 Walmart Gift Card
WSJ ^ | Feb. 15, 2022 | James Fanelli, Ben Foldy and Dustin Volz

Posted on 02/19/2022 6:06:52 PM PST by dennisw

A Crucial Clue in the $4.5 Billion Bitcoin Heist: A $500 Walmart Gift Card Increasingly sophisticated tools and some gift cards helped lead investigators to charge a young couple with conspiring to launder billions

Federal investigators spent years hunting for clues in the 2016 hacking of the Bitfinex cryptocurrency exchange, when thieves stole bitcoin now worth $4.5 billion. In the end, what helped lead them to two suspects was something much more quotidian: a $500 Walmart gift card.

That card and more than a dozen others like it, including for Uber, Hotels.com and PlayStation, were linked to emails and cloud service providers belonging to a young Manhattan couple, Ilya “Dutch” Lichtenstein and Heather R. Morgan, according to a criminal complaint. Authorities arrested the couple after seizing $3.6 billion worth of bitcoin allegedly in their control—the Justice Department’s largest financial seizure ever.

(EXTRACTED)

(Excerpt) Read more at archive.fo ...


TOPICS: Business/Economy; Computers/Internet
KEYWORDS:

1 posted on 02/19/2022 6:06:52 PM PST by dennisw
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To: dennisw

2 posted on 02/19/2022 6:09:06 PM PST by nascarnation (Let's Go Brandon!)
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To: dennisw

Parallel Construction.

https://www.criminallegalnews.org/news/2018/may/14/parallel-construction-building-criminal-cases-using-secret-unconstitutional-surveillance/


3 posted on 02/19/2022 6:16:58 PM PST by algore
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To: algore

You got it pal.
Another ends-justifies-the-means case by the thugs who ignore the rules.


4 posted on 02/19/2022 6:42:21 PM PST by Honest Nigerian
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To: dennisw

Looks like it was good analytics of the public block chains.

Those 2 need to rot 🤪


5 posted on 02/19/2022 7:48:11 PM PST by NWFree (Somebody has to say it)
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To: dennisw

blockchain transactions infinitely more traceable than ordinary cash ...


6 posted on 02/19/2022 8:05:56 PM PST by catnipman (Cat Nipman: In a post-covid world, ALL "science" is now political science ...)
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To: dennisw
Who is Ilya Lichtenstein and Heather Morgan? Whats happened?
Ilya "Dutch" Lichtenstein and Heather R. Morgan

Who is Ilya Lichtenstein and Heather Morgan? Whats happened?

7 posted on 02/19/2022 9:07:05 PM PST by Robert DeLong
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To: dennisw

Fools. They should have assumed AlphaBay was a FED honeypot or infiltrated/compromised.


8 posted on 02/19/2022 10:34:32 PM PST by BiglyCommentary
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To: dennisw
Charged with money laundering - no mention of hacking or theft, which, I assume, they cannot prove.

For those who did not read the entire article, the lady who was arrested retired from her technology career a while ago and started writing and performing rap music on You Tube.

One of the many unkind WSJ comments about her artistic ability included this gem...

"She dances like Sonny Corleone at the causeway tollbooth."

9 posted on 02/19/2022 11:54:29 PM PST by zeestephen
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To: catnipman

“blockchain transactions infinitely more traceable than ordinary cash ...”

Yes, and just think of your green Federal Reserve notes in your wallet as one time use credit cards. This works for me.


10 posted on 02/20/2022 6:37:19 AM PST by dennisw
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