The stolen cryptocurrency, valued at 71 million {dollars} (£52 million) on the time of the theft, is now valued at 4.5 billion {dollars} (£3.3 billion), officers stated.

Prosecutors say Lichtenstein and Morgan, who’ve been dubbed because the ‘crypto Bonnie and Clyde’, relied on a sequence of refined methods to obtain stolen bitcoin right into a digital pockets they managed and to hide the transactions and conceal the motion of the cash. 

Thousands and thousands of {dollars} of the transactions have been cashed out by means of bitcoin ATMs and to buy gold and non-fungible tokens in addition to extra mundane gadgets akin to Walmart present playing cards used for private bills, legal professionals added.

The discharge reads: “Netflix has ordered a documentary sequence a few married couple’s alleged scheme to launder billions of {dollars} value of stolen cryptocurrency within the largest prison monetary crime case in historical past.”

It goes on: “Ilya ‘Dutch’ Lichtenstein and Heather Morgan have been arrested of their New York Metropolis condominium on Tuesday, February 8, and now face prices of conspiring to launder practically 120,000 Bitcoin tied to the 2016 hack of a digital forex alternate.

“As the worth of the stolen Bitcoin soared from $71 million on the time of the hack to almost $5 billion, the couple allegedly tried to liquidate their digital cash by creating faux identities and on-line accounts, and shopping for bodily gold, NFTs, and extra – all whereas investigators raced to trace the cash’s motion on the blockchain.”

Chris Smith (FYRE: The Best Get together That By no means Occurred, Tiger King) is about to direct and govt produce together with govt producer Nick Bilton (Pretend Well-known, The Inventor: Out for Blood in Silicon Valley, American Kingpin: The Epic Hunt for the Legal Mastermind Behind the Silk Street). 

We’re anticipating large issues, so no strain!