Netflix nabs docuseries about pair accused of laundering Bitcoin billions

News
By Oliver Haslam
published

Bitcoin Iphone Stocks App
Bitcoin Iphone Stocks App (Image credit: Karolina Grabowska)

What you need to know

  • Netflix has signed a docuseries about two people accused of laundering billions in Bitcoin.
  • Ilya Lichtenstein and Heather Morgan are accused of running a crypto laundering scheme.
  • The series will be directed by Chris Smith of Fyre – the Greatest Festival that Never Happened fame.

Netflix has signed a new docuseries about an alleged cryptocurrency laundering scheme that saw two people try to get away with Billions of dollars in Bitcoin.

The series will see Netflix use Chris Smith as director, the man behind the Fyre – the Greatest Festival that Never Happened documentary that was a must-watch not that long ago.

The story behind the two alleged crooks and the scheme they tried to run is sure to make for compelling television when it arrives on Netflix in the future!

Ilya "Dutch" Lichtenstein and Heather Morgan were arrested in their New York City apartment on Tuesday, February 8, and now face charges of conspiring to launder nearly 120,000 Bitcoin tied to the 2016 hack of a virtual currency exchange. As the value of the stolen Bitcoin soared from $71 million at the time of the hack to nearly $5 billion, the couple allegedly tried to liquidate their digital money by creating fake identities and online accounts, and buying physical gold, NFTs, and more – all while investigators raced to track the money's movement on the blockchain.

Netflix isn't saying when we can expect the series to air but considering the pair were only arrested a matter of days ago it seems unlikely to be any time soon. Be prepared to binge this one once it lands on your streaming device of choice, though.

If you want to enjoy the story in style, be sure to check out our list of the best Apple TV deals on the market today. The Apple TV might not be the only way to watch Netflix, but it sure is one of the best.

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Oliver Haslam
Oliver Haslam
Contributor

Oliver Haslam has written about Apple and the wider technology business for more than a decade with bylines on How-To Geek, PC Mag, iDownloadBlog, and many more. He has also been published in print for Macworld, including cover stories. At iMore, Oliver is involved in daily news coverage and, not being short of opinions, has been known to 'explain' those thoughts in more detail, too.

Having grown up using PCs and spending far too much money on graphics card and flashy RAM, Oliver switched to the Mac with a G5 iMac and hasn't looked back. Since then he's seen the growth of the smartphone world, backed by iPhone, and new product categories come and go. Current expertise includes iOS, macOS, streaming services, and pretty much anything that has a battery or plugs into a wall. Oliver also covers mobile gaming for iMore, with Apple Arcade a particular focus. He's been gaming since the Atari 2600 days and still struggles to comprehend the fact he can play console quality titles on his pocket computer.