Russian Hackers Charged in Mt. Gox Bitcoin Collapse

1 min read
Source: CoinDesk
Russian Hackers Charged in Mt. Gox Bitcoin Collapse
Photo: CoinDesk
TL;DR Summary

Unsealed court documents reveal that Russian nationals Alexander Verner and Alexey Bilyuchenko, along with unnamed co-conspirators, stole 647,000 bitcoin from Mt. Gox between 2011 and 2014, with 300,000 of those coins going to BTC-e. The stolen bitcoin was liquidated using U.S. companies, including BitInstant and Memory Dealers. BTC-e was shut down by the FBI in 2017, and its alleged operator, Alexander Vinnik, was arrested in Greece and later extradited to the U.S. to face charges for computer intrusions, hacking incidents, and money laundering. The unsealed indictment also reveals that BTC-e served about 700,000 users, including the ransomware gang CryptoWall and Fancy Bear, the hacker group believed to be sponsored by Russia's military intelligence agency.

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