The Novelty Rapper and the $8 Billion Crypto Heist

The Novelty Rapper and the $8 Billion Crypto Heist

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the $8 billion Bitfinex hack, involving a couple, Elia Lichtenstein and Heather Morgan, who were linked to the crime. Despite the massive theft, they struggled to use the stolen Bitcoin due to its traceability on the blockchain. The couple attempted to launder the funds through Alpha Bay, a darknet market, but were eventually caught when law enforcement shut down the site. Heather Morgan, also known as Razzle Khan, gained notoriety for her music videos, which included lyrics about hacking. The story highlights the challenges of using stolen cryptocurrency and the eventual capture of the perpetrators.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason the couple involved in the Bitfinex hack couldn't live lavishly?

They lost the Bitcoin in a market crash.

They were under constant surveillance.

It was difficult to use the stolen Bitcoin without being traced.

They donated all the Bitcoin to charity.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Bitfinex attempt to track the stolen Bitcoins?

By hiring private investigators.

By publishing the Bitcoin addresses on the blockchain.

By offering a reward for information.

By shutting down their exchange temporarily.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Alpha Bay's role in the Bitfinex hack case?

It was a security firm that helped catch the hackers.

It was a charity organization that received donations.

It was a legitimate cryptocurrency exchange.

It was a darknet market used to launder the stolen Bitcoins.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What ultimately led to the capture of the couple involved in the Bitfinex hack?

Law enforcement traced the funds through Alpha Bay.

They tried to sell the Bitcoin on a public forum.

They were caught spending the Bitcoin in a store.

They confessed to the crime.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What unique aspect of Heather Morgan's persona added intrigue to the Bitfinex hack story?

Her series of rap videos boasting about hacking skills.

Her background as a professional hacker.

Her role as a cryptocurrency expert.

Her philanthropic efforts with the stolen Bitcoin.