First Step Act Enables Early Release in Major Crypto Crime Case

[madtrader]

The First Step Act, passed in 2018, allows certain inmates to earn sentence reductions through rehabilitation and good behavior. In Lichtenstein’s case, the law shortened what was originally a five-year prison term for his role in laundering Bitcoin stolen from Bitfinex.

The decision has reignited debate around sentencing in cybercrime cases, especially those involving large-scale financial harm. While some view the release as evidence of successful rehabilitation incentives, others argue that early release may undermine deterrence in high-profile crypto crimes.

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first step act doing numbers, didnt expect that to apply to someone like Ilya Lichtenstein