Netflix orders documentary on crypto-laundering duo

Netflix is preparing to make a documentary series about the couple who allegedly stole $4.5 billion in stolen bitcoin (via Variety). It comes just days after Ilya Lichtenstein and Heather Morgan were arrested in connection with the crimes—and many of us (regrettably) recount Morgan's rapping alter-ego, Razlekhon, aka “Wall Streets.” " are saying. Shortly after I became aware of the "crocodile".

The documentary will be directed by Chris Smith, executive producer of the quirky hit Tiger King and director of FYRE: The Greatest Party That Never Happened. Nick Bilton, whose portfolio includes a documentary about the Theranos scandal, The Inventor: Out for Blood in Silicon Valley, will serve as executive producer. Netflix did not provide any details about the series' potential release date or the cast members.

The Department of Justice (DOJ) has accused Morgan and Lichtenstein of playing a role in the 2016 hack of crypto exchange Bitfinex, in which an unidentified hacker allegedly managed to transfer 119,756 bitcoins to a wallet linked to Lichtenstein. The couple allegedly attempted to launder the stolen funds through a "maze" of cryptocurrency transactions that involved buying gold and NFTs. At the time, the stolen property was valued at about $71 million — the number has since grown to $4.5 billion, making the DOJ's recovery of $3.6 billion "the largest financial seizure ever."