LOGO_CRYPTO_SIGHT

Netflix to Make Documentary About 120,000 BTC Heist Involving Bitfinex

By Shannon Wilson | February 13, 2022
BTC, Bitcoin, crypto, funding,

Streaming and production heavyweight Netflix reportedly disclosed its intention of producing a documentary series on the infamous Bitfinex hack – one of the most major financial crimes from 2016. 

Specifically, the new Netflix documentary will reportedly focus primarily on the story of a couple from New York, and their link to the laundering of around 120,000 BTC – approximately $72 million – associated with the crime. 

Per Netflix, American filmmaker Chris Smith will reportedly be the Director of the movie, with Nick Bilton as the co-executive producer.

“Netflix has ordered a documentary series about a married couple’s alleged scheme to launder billions of dollars worth of stolen cryptocurrency in the biggest criminal financial crime case in history.”

The plot will reportedly be based on two main characters – Ilya Lichtenstein and Heather Morgan – the above-mentioned couple connected to the 120,000 BTC heist and their involvement in laundering the stolen funds.

Netflix additionally claimed that “as the value of the stolen Bitcoin soared from $71 million at the time of the hack to nearly $5 billion, the couple allegedly tried to liquidate their digital money by creating fake identities and online accounts, and buying physical gold, NFTs, and more – all while investigators raced to track the money’s movement on the blockchain.”

The movement of the illegally retrieved funds are reportedly tracked, with the most recent update dating back to the beginning of February this year. 

Related Articles

Comments