Monday , 22 April 2024
Home Global Economy Bitcoin loot trail leads to female rapper
Global Economy

Bitcoin loot trail leads to female rapper

Wearing a baseball cap and sunglasses, Heather Morgan, aka "Razzlekhan," raps somewhat awkwardly through New York's financial district: as the self-proclaimed "Wall Street crocodile" and with a "hymn for outsiders and weirdos." But it's not the music that suddenly made the 31-year-old famous. Neither do their start-ups and columns in business magazines such as "Forbes" and "Inc." or business tips on their TikTok channel. About how to get rich: "Today I'll tell you my secret of how dreams come true. I learned it from top Silicon Valley founders, who are all billionaires today: automate processes, eliminate all disruption and delegate tasks." , she says in the video.

Decades of imprisonment threatened

But there is obviously another way to get rich. The FBI has now seized $3.6 billion worth of bitcoin from Heather Morgan and her husband Ilya Lichtenstein, believed to have come from a 2016 cyberattack on a cryptocurrency trading platform. Both were arrested in New York two weeks ago.

Life isn't just about money, says Morgan on her YouTube channel, but about quality of life and happiness. Most recently, however, more about money laundering and fraud. The crypto "Bonnie and Clyde" are said to have tried to cover the trail of money with shell companies, complicated transactions and fake identities. Apparently they weren't particularly clever. They saved the access to the different accounts and wallets in a single file, which the investigators found in a cloud. Now several decades imprisonment threaten.

Self-portrayal as a successful business woman

Morgan presented herself in her videos as a successful businesswoman: "I founded a number of successful software companies, the first all by myself at the age of 23," she said. "But I'm also a writer, I'm a rapper, I design streetwear fashion and I do a whole bunch of other stuff with surrealist art."

Morgan began her career as an economist for the World Bank in Cairo and Hong Kong, among others. In 2013 she moved to California and founded the startup Salesfolk in Silicon Valley – a company that advises companies on how best to lure their customers with advertising emails.

But her life has not always been so successful, she says: "My parents didn't have a lot of money. They worked for the government, he was a biologist, she was a high school librarian," reports Morgan. "I've also been broke several times and also homeless. Money comes and goes. If you have some, then that's good. But nothing in life is certain. As with the pandemic – you never know what's coming." In the life of Heather Morgan now probably first a long prison sentence.

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