They cash some of it out through like Bitcoin ATMs, they bought some Walmart gift cards.

But I think one of the takeaways here is that it's week my guest is Lorenzo Franceschi Bikari.

Lorenzo is a senior staff writer at Motherboard and a frequent guest on the Cyber podcast which is motherboard's podcast on cyber security

over the past week or so you might have seen some videos circling around from a rapper called

razzlecon or some tic talks from that same person talking about how she built her successful

business without funding from Silicon Valley entrepreneurs or a trust fund

or anything like that. And you might have also seen the story about how that person was involved

in the laundering of $5 billion worth of Bitcoin that was stolen from BitFinex in 2016.

This is a huge and really significant story. And so instead of leaving it at those videos

that were circling around on the internet and the headline of this big money laundering scheme

and hack and how these people were arrested for it, I decided I wanted to learn a little bit more

and dig into it a little bit further.

And so last week, Lorenzo and his colleagues over at Motherboard dug into this couple and

dug into this story to get more of the details and wrote a really long form piece,

laying all that out, and I'll put a link to that in the show notes.

And that made Lorenzo the obvious guess to have on to discuss what this couple

were up to, how they tried to hide their tracks, who they were, and, you know, the larger

significance of a hack like this and a money laundering scheme and the arrests of these people

on the broader crypto space and how we should understand what is going on there and what it

might mean for the future.

Now, before we get into the episode, you might be thinking, what another cryptocurrency

episode? I know there have been a number lately, but obviously I think that this is a really

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