Bitfinex Hack Convict Ilya Lichtenstein Released Early Under U.S. First Step Act
Jan 05, 2026
Cryptocurrency / Financial Crime
Ilya Lichtenstein, who was sentenced to prison last year for money laundering charges in connection with his role in the massive hack of cryptocurrency exchange Bitfinex in 2016, said he has been released early. In a post shared on X last week, the 38-year-old announced his release, crediting U.S. President Donald Trump's First Step Act. According to the Federal Bureau of Prisons' inmate locator , Lichtenstein is scheduled for release on February 9, 2026. "I remain committed to making a positive impact in cybersecurity as soon as I can," Lichtenstein added. "To the supporters, thank you for everything. To the haters, I look forward to proving you wrong." The First Step Act , passed by the Trump administration in 2018, is a bipartisan legislation that aims to improve criminal justice outcomes and reduce the federal prison population through a series of reforms, including by establishing a "risk and needs assessment system" to determine the rec...