Razzlekhan Accused of $4.5 Billion Bitcoin Theft Lands New Job

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According to a court document, Heather Morgan, who identifies herself as rapper Razzlekhan on social media and in music videos, was hired by an unnamed tech company, despite being sentenced to 24 hour home. Morgan and her husband Lichtenstein are at the center of a bizarre crypto fraud where they succumbed to arrests on suspicion of embezzling $4.5 billion worth of Bitcoin from a cryptocurrency exchange based in Hong Kong, Bitfinex.

Razzlekhan’s New Job

In order to work three days a week from the employer’s New York office, Morgan asked the judge to ease restrictions on her home confinement. His lawyer, Eugene Gorokhov, said in the document filed Tuesday in Washington that the government had no objection to the proposed revision.

According to Gorokhov’s statement in the petition, a job offer was made to Morgan as a Growth Marketing and Business Development Specialist. And, even though the government knows the employer’s identity, Morgan requested anonymity for his own safety and to protect the employer’s identity as well.

As he spoke of the continued cyber threats received by Morgan after the fraud was discovered, he said:

This information is not noted in this public record due to the fact that Ms. Morgan has been the subject of derogatory comments and harassment on social media due to the intense media coverage of this matter.

Read more: What is physical NFT? and how to sell physical items as NFTs

119K Bitcoins stolen

In 2016, even before the ICO boom of 2017 and its number of scams, a Bitfinex hack saw a total of 119,754 Bitcoins siphoned off; the heist was estimated to be around $71 million at the time before the value of cryptocurrencies rose. According to information provided by the DOJ, over 2,000 unauthorized transactions were used to transfer the stolen Bitcoin and send it directly to a crypto wallet, which then distributed the funds between Morgan and Lichtenstein.

On February 8, 2022, Razzlekhan, the self-proclaimed “Crocodile of Wall Street”, was taken into Manhattan police custody for his alleged connection to cryptocurrency theft. Following the development, the Department of Justice hailed it as “a blow to cybercriminals seeking to mine crypto” and announced that it had seized Bitcoin worth $3.6 billion, which making it the biggest financial grab in its history. Morgan, who has pleaded not guilty to the charges if found to be wrong, can face up to 20 years in prison.

Also Read: What is Robinhood’s Latest Venture “Sherwood”?

Pratik has been a crypto evangelist since 2016 and has covered almost everything crypto has to offer. Whether it’s the ICO boom, the bear markets of 2018, the Bitcoin halving so far – he’s seen it all.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.

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