Two Russians Charged in Hacking and Laundering of Cryptocurrency Exchange

1 min read
Source: Department of Justice
Two Russians Charged in Hacking and Laundering of Cryptocurrency Exchange
Photo: Department of Justice
TL;DR Summary

Two Russian nationals have been charged with conspiring to launder approximately 647,000 bitcoins from the 2011 hack of Mt. Gox and operating the illicit cryptocurrency exchange BTC-e from 2011 to 2017. The charges were announced by the US Attorney for the Southern District of New York, the Assistant Attorney General for the Department of Justice’s Criminal Division, and other officials. The defendants are accused of stealing a massive amount of cryptocurrency from Mt. Gox and laundering the bulk of the stolen bitcoins through bitcoin addresses associated with accounts they controlled at two other online bitcoin exchanges.

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