Netflix is preparing to create a documentary series about the couple who allegedly laundered $4.5 billion in stolen bitcoins (via Variety). This comes just days after Ilya Lichtenstein and Heather Morgan were arrested in connection with the crimes, and not long after many of us (unfortunately) learned of Morgan's rapper alter ego, Razzlekhan, aka the "Crocodile of Wall Street".
The documentaries are directed by Chris Smith, executive producer behind the rare hit Tiger King and director of FYRE: The Greatest Party That Never Happened. Executive producer is Nick Bilton, whose portfolio includes the documentary The Theranos The Inventor: Out for Blood in Silicon Valley. Netflix did not provide any details on the possible release date of the series or the cast.
The Department of Justice (DOJ) accused Morgan and Lichtenstein of being involved in the 2016 hack of cryptocurrency exchange Bitfinex, in which an anonymous hacker allegedly managed to transfer 119,756 Bitcoin to a wallet linked to Lichtenstein. The pair allegedly attempted to launder the stolen funds through a "maze" of cryptocurrency transactions that included buying gold and NFTs. At the time, the stolen assets were valued at approximately $71 million; that number has since risen to $4.5 billion, making the DOJ's $3.6 billion seizure the "greatest financial seizure of all time."