VICTORVILLE, Calif. (VVNG.com) — Heather ‘Razzlekhan’ Morgan, a California native, has been convicted for her role in one of the largest financial seizures in U.S. history. Morgan is currently serving an 18-month sentence at the Federal Correctional Institution (FCI) Victorville Women’s Camp.
Morgan, alongside her husband Ilya ‘Dutch’ Lichtenstein, was involved in the theft of 119,000 bitcoins from the Bitfinex exchange in 2016. At the time, the stolen bitcoins were valued at about $70 million. However, by the time of their arrest, the value of the stolen bitcoin had surged to over $4.5 billion, and their current worth exceeds $10 billion, reflecting the skyrocketing prices of cryptocurrency.
Lichtenstein later admitted to being the hacker responsible for the cyberattack, while Morgan pleaded guilty to charges of money laundering conspiracy and conspiring to defraud the U.S. government. According to the Department of Justice (DOJ), the couple used sophisticated money laundering techniques to conceal their actions, including converting the stolen bitcoins into other cryptocurrencies and setting up fake accounts on darknet markets and exchanges.
The DOJ’s investigation culminated in the historic seizure of the stolen funds. Lichtenstein received a sentence of five years in prison, while Morgan began serving her 18-month sentence on February 4, 2025.
Morgan’s case gained renewed media attention with the release of the Netflix documentary “Biggest Heist Ever” in December 2024. Directed by Chris Smith, the documentary chronicles the bizarre story of Morgan and Lichtenstein’s Bitcoin heist. However, Morgan has expressed dissatisfaction with her portrayal in the film. In late December 2024, she posted a video on her YouTube channel, pushing back against what she called “misconceptions” about her role and arguing that the documentary’s depiction of her was unfair and inaccurate.
In response, her attorneys sent cease-and-desist letters to Netflix and the documentary’s creators, claiming that Morgan’s portrayal was misleading and defamatory. Despite her public defense, Morgan will continue to serve her sentence at FCI Victorville.
