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The hacker behind the 2016 Bitfinex breach says he was freed early under Donald Trumpās First Step Act, just over a year after receiving a five-year sentence.
Ilya Lichtenstein, the hacker behind one of the largest Bitcoin thefts on record, has been released from prison just over a year after receiving a five-year sentence, thanks to a criminal justice reform law signed during former President Donald Trumpās first term.
āThanks to President Trump's First Step Act, I have been released from prison early,ā Lichtenstein said in a Friday post on X. āI remain committed to making a positive impact in cybersecurity as soon as I can,ā he added.
The First Step Act, passed in 2018, expanded eligibility for sentence reductions through earned time credits and other rehabilitation measures. Lichtenstein was sentenced in November 2024 after pleading guilty to a money laundering conspiracy tied to the 2016 hack of Bitfinex, in which nearly 120,000 Bitcoin (BTC) were stolen.
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