Russian Hackers Charged for Mt. Gox Crypto Exchange Hack

1 min read
Source: The Daily Hodl
Russian Hackers Charged for Mt. Gox Crypto Exchange Hack
Photo: The Daily Hodl
TL;DR Summary

The US Department of Justice is charging two Russian nationals for their alleged involvement in the infamous hack of defunct crypto exchange Mt. Gox. The defendants allegedly gained unauthorized access to the server holding the wallets of Mt. Gox and transferred 647,000 BTC from the platform to wallets controlled by them. They are also charged with conspiring to launder hundreds of thousands of Bitcoin hacked from Mt. Gox and operating BTC-e, a crypto exchange allegedly linked to money laundering and the Mt. Gox hack. If convicted, both defendants face decades behind bars.

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