- Heather Morgan drops her final rap video days before serving an 18-month prison sentence.
- She flaunts an ankle monitor and mocks law enforcement in the video.
Heather Morgan, who also goes by the moniker “Razzlekhan,” has released a bizarre new rap video just days before starting her 18-month prison sentence for her role in laundering billions of dollars in stolen crypto.
The self-styled “crocodile of Wall Street” became a viral sensation for her outlandish hip-hop persona and off-kilter lyrics.
In her latest video, Razzlekhan vs The United States, Morgan references her legal troubles, rapping, “Weird enough to catch a case / They think I’m from outer space,” while wearing an ankle monitor.
In another verse, Morgan takes shots at the money-driven system with the line, “This ain’t no free country / It’s runnin’ on money.” She follows it up with a satirical plea for salvation, “Old money, gold dusty / Save me Elon Musk-y.”
Morgan and her husband, Ilya Lichtenstein, were arrested in 2022 for laundering nearly 120,000 Bitcoin stolen during the 2016 Bitfinex hack.
At the time of the theft, the Bitcoin was valued at $70 million but had ballooned to over $4.5 billion by their capture.
Authorities eventually recovered $3.6 billion in stolen assets — the largest financial seizure in US history.
Prosecutors described Morgan’s involvement in the laundering operation as significant, though her husband orchestrated the hack itself.
Lichtenstein, sentenced to five years in prison, expressed remorse and a desire to fight cybercrime upon his release.
Crypto market movers
- Bitcoin is down 0.4% over the past 24 hours to trade at $93,890.
- Ethereum is down 0.1% over the same period to $3,235.
What we’re reading
- Trump-era FDIC favourite outlines crypto banking reassessment and end to ‘Operation Choke Point’ ― DL News
- Bitcoin Slides for 3rd Day, Erasing Year’s Gains ― Unchained
- U.S. Enforcement Chief Behind CFTC Crypto Cases Exits Before Trump Arrives ― CoinDesk
- Mango Markets to wind down in wake of SEC settlement, DAO battle ― The Block
- Think tank presses Meta to join ‘Bitcoin renaissance’ after lukewarm Microsoft and Amazon bids ― DL News
Kyle Baird is DL News’ Weekend Editor. Got a tip? Email at kbaird@dlnews.com.