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Netflix Announces New Series About The 120,000 Bitcoin Bitfinex Hack.

Netflix is soon to produce a documentary series about the infamous Bitfinex hack — one of the biggest financial crimes of 2016 involving the theft of 119,756 Bitcoins (BTC) — worth $72 million at the time.
The Netflix documentary will focus on a New York-based couple who were involved in laundering nearly 120,000 Bitcoins tied to a crime. Netflix reports that the documentary will be directed by American filmmaker Chris Smith with Nick Bilton serving as executive producer. According to the announcement:

“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 is based on two main characters — Ilya Lichtenstein and Heather Morgan — the NYC couple linked to the 120,000 BTC heist and their involvement in laundering the stolen funds.

BTC prices have soared over 7415% since the Bitfinex hack, according to data from Cointelegraph Markets Pro and TradingView.

As the value of the stolen Bitcoin soared from $71 million at the time of the hack to nearly $5 billion, Netflix notes that the couple tried to liquidate their digital money by creating fake identities and online accounts, then buying physical gold, NFTs, and more, all during a race to track the money’s movement.
The latest movement of the stolen funds can be traced back to Feb 1, 2022, according to Cointelegraph analysis.

Cointelegraph recently interviewed an anonymous cyber vigilante who tracked down a group of decentralized finance (DeFi) scammers responsible for the $25 million StableMagnet rug pull and ultimately returned the stolen funds.
Check out the entire episode to learn how the vigilante coordinated with the Manchester Police to secure a single USB device containing roughly $9 million.

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