Heather Morgan
An entrepreneur and rapper known as 'Razzlekhan' who helped her husband Ilya Lichtenstein launder bitcoin stolen in the 2016 Bitfinex hack. She pleaded guilty in 2023 and was sentenced in November 2024 to 18 months in prison.
Also known as: Razzlekhan, Crocodile of Wall Street, Heather R. Morgan
Bio
Heather R. Morgan — an entrepreneur, columnist, and self-styled rapper known as "Razzlekhan" and "the Crocodile of Wall Street" — assisted her husband Ilya Lichtenstein in laundering bitcoin stolen in the 2016 Bitfinex hack, using fictitious identities, mixing services, chain-hopping, and gold purchases. [1][2]
Legal outcome
Morgan pleaded guilty in August 2023 to money-laundering conspiracy and conspiracy to defraud the United States. On November 18, 2024, she was sentenced to 18 months in prison and three years of supervised release. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Linked scams & cases
Sources (2)
See also
- Blockchain Terminal (BCT)TokensA 2017–2018 ICO (BCT tokens, ~$30M) for a 'Blockchain Terminal' — a Bloomberg-style crypto trading terminal. The SEC and DOJ said convicted ex-hedge-funder Boaz Manor secretly ran it under a fake identity ('Shaun MacDonald'), using associate Edith Pardo as a front, and lied about the product's adoption.
- Dropil (DROP)TokensAn ICO for the DROP token built around a fake 'Dex' trading bot. The SEC said it raised ~$1.9M while claiming $54M from 34,000 investors, and that the founders falsified evidence during the probe. Founders Jeremy McAlpine and Zachary Matar pleaded guilty to securities fraud (36 and 30 months).
- CluCoin (CLU)Tokens
This page was last updated on Jun 8, 2026. View revision history.