‘Biggest Heist Ever’ Review: The Riveting Rise and Fall of the ‘Bitcoin Bonnie and Clyde’

biggest heist ever

I’ll watch almost anything profiling the inner workings of the criminal mind. However, as a viewer, I find non-violent crime the most compelling because, in a way, it’s easier to understand. Don’t get me wrong, I won’t take a dark turn and embark on a life of crime. But it’s easier for me to relate to someone who steals or cheats than it is to empathize with a person who commits an act of unprovoked violence.

Much of the true-crime programming available on cable and streaming is murder-related. So, I’m always quick to hone in on content profiling white-collar crime. A documentary within that scope called Biggest Heist Ever just dropped on Netflix and it’s quite compelling as its story is stranger than fiction. I was riveted from start to finish. Better yet, the documentary has a punchy runtime of around 90 minutes.

Biggest Heist Ever plays out like this:

The film chronicles the rise and subsequent fall of two resourceful young entrepreneurs in the tech space. Each carved out a niche for themselves and could likely have made a comfortable living and enjoyed a typical life. But both had greater aspirations. Heather Morgan and Ilya Lichtenstein wanted it all. They used their industry prowess and knowledge of cryptocurrency to pull off a heist of epic proportions. And they came dangerously close to getting away with it. Unfortunately for the duo dubbed “Bitcoin Bonnie and Clyde”, the digital paper trail they left behind eventually led to their undoing. 

Heather and Ilya’s story stands out because they were partners in crime. It’s exceptionally rare for romantically linked individuals to commit crimes together. That may stem from a fear of incriminating a loved one. However, these two weren’t dissuaded by any such concerns. They lived well and enjoyed a life of luxury until their eventual apprehension.

Plus, their story is often hilarious. Heather’s rapper alter ego and outlandish social media content make the pair seem like extremely unlikely criminals. But the more we learn about each of them, the more things fall into place.  

A thoughtful portrait of two people destined for infamy.

The Netflix documentary provides a compelling psychological profile of both Ilya and Heather. Initially, it’s nearly impossible to believe these people pulled off a heist of such grand proportions with such consummate skill. But as we uncover details about their respective backgrounds, it becomes easier to accept that they were both destined for success, infamy, or … something. Each was a gifted student in their early years and possessed a skill set that made them uniquely capable of pulling off this unprecedented feat.  

It’s thrilling to get the chance to live vicariously through these two as we learn of their daring misadventures. It’s compelling to see a variety of commentators comprised of hackers, journalists, law enforcement, and those who knew the pair paint a picture of how these seemingly ordinary folks went from humble beginnings to running afoul of the FBI.  

Given that the subject matter is highly specialized, I appreciate how Biggest Heist Ever breaks down cybercrime in layman’s terms. I don’t write code or invest in cryptocurrency, so my knowledge of the subject matter is pretty minimal. However, the commentators make the events retold within plenty easy to understand and never go too deep into the technical aspects, ensuring even the least technically inclined viewer can keep up.

Biggest Heist Ever reports the facts without superfluous details to pad the runtime.

I’m also pleased to report that the subject matter is presented with brevity in mind. In the age of the docu-series, it’s so common to see material stretched beyond thin, to the point where even the most innocuous aspects of a given case are examined in painstaking detail. Streamers seem to actively encourage documentarians to lean into the most sensational elements of the stories they’re telling and draw out the proceedings as long as possible. Why? Content is king in the streaming age, and a longer runtime equals more hours streamed. The more you use a given service, the less likely you are to cancel your membership. Fortunately, Biggest Heist Ever keeps it punchy and never veers into monotony. Director Chris Smith covers all the key points and calls it a day. That’s my kind of reporting. 

Though Smith’s coverage is in-depth and informative, I don’t think we’ll ever know the whole story. This isn’t a case that’s neatly tied up with all outstanding questions answered. There are elements of the investigation that none of the people profiled are allowed to address due to national security concerns. But that only serves to make the ordeal more fascinating. Any answers the filmmakers could give us would likely pale in comparison to what we can construct in our minds. 

If you are game to experience Biggest Heist Ever, make your way to Netflix and give it a go. 

  • ‘Biggest Heist Ever'
3.5

Summary

The characters profiled within are so colorful that the doc almost feels like fiction.

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