PANews reported on November 15 that according to The Block, Ilya Lichtenstein was sentenced to five years in prison for his involvement in the 2016 Bitfinex exchange hack and money laundering activities. The sentence was based on Lichtenstein's cooperation with the investigating authorities, and the prosecutor recommended a reduced sentence. Lichtenstein and his wife Heather Morgan jointly planned money laundering, using crypto mixers, layered transactions, dark web and other means to clean up about 120,000 stolen bitcoins, which were once worth as much as $72 million and now have reached $10.7 billion. Lichtenstein and Morgan pleaded guilty to money laundering related to this in August 2023. Morgan's sentencing is scheduled for November 18, and the prosecutor recommended that he be sentenced to 18 months.