Netflix announces series about those involved in Bitfinex-stolen assets

Netflix will show a documentary series about the accused in laundering assets stolen from the Bitfinex exchange, Ilya Lichtenstein and Heather Morgan.

The director of the project will be Chris Smith — the director of the documentary films FYRE: The Festival That Never Happened, The Disappearance of Madeleine McCann and Jim & Andy: The Great Beyond, previously released by Netflix.

On February 8, Lichtenstein and Morgan arrested on charges of laundering 119 754 BTC stolen from Bitfinex in 2016. Authorities said they confiscated Bitcoin worth $3.6 billion from them. They face up to 25 years in prison.

If recovered, Bitfinex representatives pledged to within 18 months allocate 80% of them to a buyback and burn of the UNUS SED LEO tokens, as set out in the white paper.

Earlier, Lichtenstein and Morgan not released on bail of $8 million, despite a magistrate judge’s order in the Southern District of New York granting them such a right.

Bitfinex CTO Paolo Ardoino said authorities still need to identify other participants. When asked whether the defendants are hackers, he said he does not have that information yet.

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