Razzlekhan, an alleged bitcoin launderer, requests access to cryptocurrency wallets for tax purposes

To determine the couple’s tax obligations, Heather “Razzlekhan” Morgan, who is accused of laundering 119,754 bitcoin with her husband Ilya Lichtenstein captured in the 2016 Bitfinex hack, has permission to access their cryptocurrency wallets and stock exchange accounts required.

“MS. Morgan needs to access individual cryptocurrency wallets to calculate revenue from the sale of cryptocurrency assets in order to determine their tax liability. The government and undersigned counsel have discussed the matter and the government is committed, according to the petition by aware of Ms Morgan’s request for access to this data.

Morgan’s legal team, Burnham & Gorokhov, PLLC, asked the court in a May 12 document to

The document states that the application will not be denied by the government.

Therefore, the application states: “Ms. Morgan humbly requests that this court clarify that she is authorized to access her cryptocurrency wallets and exchange accounts to determine her taxes due.”

In addition, the filing states that under the terms of her pre-trial release, Morgan is barred from conducting cryptocurrency transactions and that “while this condition does not appear to prevent Ms. Morgan from accessing only cryptocurrency accounts, access to such accounts does only one.” step away is discouraged from conducting business.”

Waiting for the process

In February of this year, US officials arrested Morgan and Lichtenstein and accused the pair of conspiring to launder money in connection with the 2016 Bitfinex breach that led to the theft of nearly 120,000 bitcoin.

The stolen bitcoin was worth about $71 million at the time, but given recent dramatic increases in cryptocurrency values, it was worth over $4 billion in February when the couple was arrested. Morgan was released on $8 million bail after initial hearings in February, while Lichtenstein remains in custody. Authorities have also banned the couple from participating in cryptocurrency transactions while they stand trial. The couple could face up to 25 years behind bars if proven guilty at trial.

In August, Morgan tweeted for the first time in six months that she was no longer involved in cryptocurrency or non-fungible token (NFT) projects.

Summary of the news:

  • Razzlekhan, an alleged bitcoin launderer, requests access to cryptocurrency wallets for tax purposes
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