The value of the bitcoin stolen by hacker Ilya Lichstenstein from Bitfinex in 2016 is worth more than $10 billion now.

A computer expert who stole bitcoin worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — has been sentenced to five years in prison.

A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year to hacking into the Bitfinex cryptocurrency exchange in 2016 and stealing almost 20,

The bitcoin price has topped $90,000 per bitcoin, up 20% in a week, as traders eye $100,000 in the wake of Donald Trump's U.S. presidential victory, with Musk's "favorite" cryptocurrency dogecoin leading a price pump that's sent the combined market back over $3 trillion for the first time since 2021.

Dogecoin, the meme cryptocurrency often associated with Elon Musk, soared in value after President-elect Donald Trump greenlit the tech billionaire's ideas for a new executive department by a similar name.