US prosecutors have recommended a five-year prison sentence for the mastermind behind the Bitfinex exchange hack. Ilya Lichtenstein, who admitted to stealing 120,000 Bitcoin and was arrested in 2022, is facing prosecution. His wife and accomplice, Heather Morgan, was also arrested in connection to the 2016 crypto hack. Authorities seized Bitcoin worth $71 million during their arrest. Prosecutors argue that Lichtenstein should receive a longer sentence than Morgan, who they recommend an 18-month prison term for. They believe a harsher punishment for Lichtenstein would deter young cybercriminals. Lichtenstein was identified as the main culprit in the hack, while Morgan assisted in hiding the stolen crypto. The pair used the funds to purchase NFTs, gold, and gift cards. Despite his cooperation in other cases, Lichtenstein is still facing sentencing in November. Read more AI-generated news on: https://app.chaingpt.org/news