Lichtenstein and Morgan, Federal prosecutors have alleged,"employed numerous sophisticated laundering techniques," creating fake identities to set up online accounts, depositing the funds into virtual currency exchanges and dark-web markets, and converting them into other virtual currencies — all to cover their tracks.
An attorney for both Lichtenstein and Morgan did not respond to a request for comment ahead of Thursday's plea hearing., Lichtenstein and Morgan were not accused of carrying out the hack itself, but as a result of the hack, 119,754 bitcoins were moved into an outside wallet Lichtenstein controlled.
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