NETFLIX DOCUMENTARY REVEALS HOW THE BITCOIN BONNIE AND CLYDE MANAGED TO STEAL OVER 4 MILLION IN CYPTO

The couple behind the Bitcoin scam known as the "biggest financial heist of all time" will be the subject of a new Netflix documentary. The two, known as "Bitcoin Bonnie and Clyde," stole and laundered $4.5 billion worth of cryptocurrency from Bitfinex, a platform in Hong Kong. In 2016, the value of Bitcoin plummeted by 20% as a result of their deception. Due to their involvement in the heist, Ilya Lichtenstein and his wife Heather Morgan—better known as Dutch and Razzlekhan—were both arrested and subsequently given sentences.

One police officer referred to the couple as "unique people" in the Netflix trailer, which you can view below, and said that Razzlekhan was the "first aspiring rapper" he had ever arrested. That's correct—in addition to writing columns for publications like Forbes, Morgan also produced several embarrassing rap videos. She would upload them to YouTube and refer to herself as the "Crocodile of Wall Street." She even paid for billboards featuring her face all over New York. In contrast, Lichtenstein was a businessman who had established his own sales company.

On Friday, December 6, the new documentary about their heist, Biggest Heist Ever, was released.

In 2016, Bitfinex was hacked by Lichtenstein using "sophisticated tools." He used the virtual currency exchange to conduct 2,000 illicit transactions totalling about 120,000 Bitcoin. Morgan later assisted her husband in money laundering, even though she was unaware of the hack until three years later.

The two purchased gold, NFTs, and even a new Playstation with some of the pilfered cash.

However, they made a crucial error when using the stolen funds to load Walmart gift cards.

Law enforcement was able to connect Morgan to the flow of stolen Bitcoin when she attempted to activate the vouchers on her iPhone and discovered that they were linked to an account in her name. When the couple was arrested in February 2022 on suspicion of conspiracy to launder money, they were busted. In August 2023, Lichtenstein entered a guilty plea to both carrying out the hack and conspiring to commit money laundering.

Morgan acknowledged one count of conspiracy to defraud the United States and one count of conspiracy to launder money. Morgan received an 18-month sentence in November 2024, while Lichtenstein received a five-year prison term.