The value of the bitcoin stolen by hacker Ilya Lichstenstein from Bitfinex in 2016 is worth more than $10 billion now.

A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds stolen from Bitfinex one of the world's largest cryptocurrency exchanges,

For her role in the theft and laundering of around 120,000 bitcoin, Razzlekhan will receive her sentence on Nov. 18.

Last year, Ilya Lichtenstein and his social media rapper wife pled guilty to laundering $4.5 billion worth of Bitcoin from Bitfinex.

Ilya Lichtenstein, who pleaded guilty to the 2016 hack of cryptocurrency stock exchange Bitfinex, has been sentenced to five years in prison, the U.S. Department of Justice (DoJ) announced Thursday.

A hacker has been sentenced to five years in US prison for laundering proceeds from major cryptocurrency theft

Lichtenstein’s sentence is expected to serve as a deterrent amid rising concerns over cyber-related financial crimes.

Ilya Lichtenstein stole about 120,000 bitcoin from Bitfinex in 2016 and laundered funds with the help of his wife, Heather Morgan.

A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year in the case involving the Bitfinex cryptocurrency exchange being hacked in 2016 and the theft of almost 120,000 bitcoin.

The mastermind behind one of the biggest-ever Bitcoin heists was ordered to serve five years in prison for conspiring with his social-media rapper wife to launder money he stole by hacking into the Bitfinex exchange and grabbing cryptoassets now worth billions of dollars.

A computer expert who stole bitcoin worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — has been sentenced to five years in prison.