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“Bitcoin Bonnie & Clyde” to plead guilty

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Ilya Lichtenstein and Heather Morgan, known as the “Bitcoin Bonnie & Clyde,” are reportedly preparing to plead guilty for their involvement in an alleged cryptocurrency laundering scheme worth $4.5 billion.

The couple was charged with money laundering and conspiracy to defraud in the United States in February 2022, related to the laundering of 119,754 bitcoins stolen from Hong Kong’s Bitfinex in 2016.

In a recent court filing, it was revealed that Lichtenstein and Morgan have been newly charged with a document called an “information,” which outlines criminal charges similar to an indictment but does not require a grand jury’s vote. This suggests that they may have agreed to plead guilty, and federal prosecutors commonly use such documents in such cases.

“Bitcoin Bonnie & Clyde” gets Hollywood attention – Read more

The alleged cryptocurrency laundering scheme was a complex operation, and the couple is accused of attempting to move a vast sum of money through digital assets while concealing its origin.

The value of the stolen bitcoins significantly increased over time, with 119,754 bitcoins now worth nearly $3.6 billion.

Lichtenstein, a Russian emigre, has been in a Washington, D.C., jail since his arrest, while Morgan, a rapper known as “Razzlekhan,” is out on a $3 million bond.

If found guilty, the couple could face up to 25 years in prison, but the potential impact of a plea deal on their sentence remains uncertain.

Morgan has been on 24-hour house arrest in a Wall Street high-rise and sought remote work opportunities, specifically in B2B growth, marketing, sales, copywriting, and demand generation.

She has been granted permission to work from her employer’s New York office three days a week, with monitoring software installed on her computer and smartphone.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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