Amazon MGM Studios has reportedly begun developing a film about the couple who laundered billions of dollars worth of Bitcoin (BTC) related to the 2016 hack of cryptocurrency exchange Bitfinex.
According to a Jan. 26 report from Deadline, Amazon's production studio is planning to develop a movie called “Razzlekhan,” which will focus on the actions of Ilya Lichtenstein and Heather Morgan and their role in laundering funds from Bitfinex. The script will reportedly be inspired by a 2022 New York Times article about the couple, which called them “Bitcoin's Bonnie and Clyde.”
Razzle dazzle, baby!! This is a crazy one https://t.co/r34GmmCRB2
— Lili Reinhart (@lilireinhart) January 26, 2024
After the Bitfinex hack in August 2016, in which approximately 119,754 BTC was stolen, Lichtenstein and Morgan laundered more than 94,643 BTC of funds “through a series of small and complex transactions across multiple accounts and platforms,” prosecutors said. US authorities arrested the couple in February 2022. They confiscated Bitcoin, which was worth approximately $54 million at the time of the hack and more than $3 billion at the time of the seizure.
In August 2023, as part of a deal with prosecutors, Liechtenstein pleaded guilty to conspiracy to commit money laundering, while Morgan pleaded guilty to conspiracy to commit money laundering and conspiracy to defraud the United States. “Razzlehan”, the proposed title of the film, was Morgan's nickname as an “irreverent comedy rapper”.
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While Lichtenstein and Morgan's film is a dramatic look into the couple's lives, many other studios have chosen to highlight figures in the cryptocurrency space through documentaries.
Since the collapse of FTX and the arrest of former CEO Sam “SBF” Bankman-Fried in 2022, there have been rumors of a documentary about the relationship between SBF and former Binance CEO Changpeng Zhao. In 2022, Netflix also released a documentary about the life and death of QuadrigaCX founder Gerald Cotten, which deprived users of millions of dollars in cryptocurrency.