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Crypto Fraudster Charged In $4.5 Bn Bitcoin Theft Lands New Marketing Job

Heather Morgan, a rapper by the name Razzlekhan, has landed a new job even while being charged for stealing Bitcoin worth $4.5 billion.
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Crypto Fraudster Charged In $4.5 Bn Bitcoin Theft Lands New Marketing Job

According to a court document, Heather Morgan, who identifies as Rapper Razzlekhan on social media and in music videos, was hired by an unnamed technology business despite being subjected to 24-hour home imprisonment. Morgan & her husband Lichtenstein are at the center of a bizarre crypto fraud where they succumbed to arrests on suspicion of embezzling Bitcoin worth $4.5 billion from a Hong Kong-based cryptocurrency exchange, Bitfinex.

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Razzlekhan’s New Job

In order to work three days a week from the employer’s New York office, Morgan has requested the judge to relax the restrictions of her home confinement. Her attorney, Eugene Gorokhov, stated in the document filed on Tuesday in Washington that the government has no objections to the suggested revision.

According to Gorokhov’s statement in the petition, a job offer was made to Morgan in the position of growth marketing and business development specialist. And, even though the government is aware of the identity of the employer, Morgan requested anonymity for the sake of her own safety and to safeguard the identity of the employer as well.

While speaking on the continual cyber threats received by Morgan after the fraud came to light, he was quoted to say:

That information is not noted in this public filing due to the fact that Ms. Morgan has been subject to disparaging comments and harassment on social media as a result of the intense media coverage of this case.

Read More: What is Physical NFT? and How to Sell Physical Items as NFT

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119K Bitcoins Stolen

Back in 2016–even before 2017’s ICO boom period & its following number of scams–a Bitfinex hack saw 119,754 Bitcoins siphoned off in total; the heist was estimated to be around $71 million at the time before the value of cryptocurrencies surged. According to information provided by the DOJ, more than 2,000 unauthorized transactions were used to transfer the stolen Bitcoin and send it directly to a crypto wallet, that later distributed the funds between Morgan and Lichtenstein.

On February 8, 2022, Razzlekhan, the self-proclaimed “Crocodile of Wall Street,” was taken into custody in Manhattan for her alleged connection to the cryptocurrency theft. Following the development, the Department of Justice hailed it as a “major blow to cyber criminals looking to exploit crypto” and announced that it had seized Bitcoins worth $3.6 billion, making it the largest financial seizure in its history. Morgan, who has pled not guilty to the accusations if proven wrong can face up to 20 years of jail time.

Also Read: What Is Robinhood’s Latest Venture “Sherwood” All About?

 

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Pratik Bhuyan

Pratik has been a crypto evangelist since 2016 & been through almost all that crypto has to offer. Be it the ICO boom, bear markets of 2018, Bitcoin halving to till now - he has seen it all.

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