A major development in crypto history: Ilya Lichtenstein, the individual behind the infamous 2016 Bitfinex breach, has been granted early release from his five-year prison sentence. After serving approximately 14 months, he's now under home confinement under the First Step Act. The incident saw over 119,000 Bitcoin stolen from the exchange—one of the largest hacks in industry history. His early release marks another chapter in how authorities handle major cybercrime cases. This case remains a stark reminder of exchange security vulnerabilities and the long-term consequences of large-scale theft in the crypto space.