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Patrick Boyle On Finance

Meet Razzlekhan - 'The Crocodile of Wall Street'

Patrick Boyle On Finance

Patrick Boyle

Investing, Business

4.9320 Ratings

🗓️ 13 February 2022

⏱️ 16 minutes

🧾️ Download transcript

Summary

Send us a textA married couple has been arrested and charged with laundering billions in Bitcoin stolen during the 2016 Bitfinex hack, as the Justice Department announced its largest financial seizure ever. Ilya 'Dutch' Lichtenstein, and his wife, Heather Rhiannon Morgan aka Razzlekhan or The Crocodile of Wall Street, were arrested on Tuesday in Manhattan on federal charges of conspiracy to commit money laundering and conspiracy to defraud the United States.Federal law enforcement officials s...

Transcript

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0:00.0

Hello and welcome. You are listening to Patrick Boyle on Finance, a podcast exploring ideas from quantitative finance, examining events occurring in markets right now and financial history to see what lessons can be taken away, including interviews with some of the most interesting people in the world of finance. To learn more about the podcast, visit onfinance.org.

0:27.1

Welcome back, guys. So up until now, this channel has mostly been a finance channel. But the

0:33.1

problem is that I've gotten a lot of comments and even some complaints, where people point out that finance is sort of boring.

0:40.3

So I've decided to change the direction of the channel and make it all about rappers and rap music.

0:46.3

Now, a few of you are probably thinking, Patrick doesn't know anything about rap music, but I did once a fischizzle in a podcast about a year ago

0:55.9

and that one did really well and I kind of worried that many of you subscribed back

1:00.7

then hoping for more content like that and then you found yourselves forced to listen to me

1:06.3

droning on about dividends and inflation and things like that so So yeah, it's a rap music podcast going

1:13.0

forward. I'll try and cover the goings on in rap music and any beefs that might happen. That's it,

1:20.1

beefs. So in this week's rap news, a rapper named Heather Morgan, who's probably best known to you as

1:26.2

Rassel Khan, has been detained along with her

1:29.1

husband, Ilya Lichtenstein, accused of conspiring to launder 119,754 Bitcoin that were stolen in 2016,

1:40.6

when a hacker breached the crypto exchange Bitfinex's systems.

1:45.0

Yep, that's right, Razl Khan.

1:47.0

You've probably seen her on the top of the pops where she raps.

1:51.0

Some of you probably know her as the crocodile of Wall Street.

1:54.0

That's one of her rap aliases.

1:57.0

A lot of rappers do have aliases, and I know this because I have this podcast that covers

2:02.5

rappers and of course rapping. Now in truth the crocodile of Wall Street is probably not

2:08.7

a great alias as though weather in downtown Manhattan is particularly inhospitable to crocodiles

2:15.1

at this time of the year. But that's what she's called and that is what she is.

2:20.5

I guess it's also fortunate that she is in prison right now and they probably keep her cell heated,

...

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