Two Russians Charged for Mt. Gox Bitcoin Hack and Laundering Over 600k Bitcoin

Two Russian nationals have been charged by the US federal government for their involvement in the 2014 hack of the Mt. Gox Bitcoin exchange, which resulted in the theft of 647,000 Bitcoins worth around $400 million at the time. The DOJ alleges that the two men, Alexey Bilyuchenko and Aleksandr Verner, conspired to launder the stolen Bitcoins and that Bilyuchenko also worked with Alexander Vinnik to operate BTC-e, a now-defunct crypto exchange that laundered funds for cybercriminals. Bilyuchenko faces charges of conspiracy to commit money laundering and operating an unlicensed money services business, while Verner is charged with conspiracy to commit money laundering.