Lord777
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The United States has charged two Russian hackers with stealing and laundering hundreds of thousands of bitcoins from the Mt. Gox and BTC-e crypto exchanges.
The United States has charged two Russian citizens with involvement in one of the largest hacking attacks on the cryptocurrency industry. Alexey Bilyuchenko and Alexander Werner are accused of hacking the Japanese exchange Mt. Gox in 2011 and laundering stolen bitcoins through the illegal BTC-e platform.
According to the US Department of Justice, the investigation was the result of the cooperation of several law enforcement agencies, including the FBI and the US Secret Service. The defendants are part of a group of hackers who gained unauthorized access to the Mt. Gox server, where the cryptocurrency wallets of the exchange's clients were stored. As a result, they stole about 647 thousand bitcoins, worth more than $ 25 billion to date.
Most of the stolen bitcoins were then laundered through two other online exchanges, as well as through a certain New York broker who helped them transfer millions of dollars to offshore accounts under the guise of a contract for advertising services. Hacking Mt. Gox led to the closure of the exchange in 2014 and significant losses for its customers, who are still waiting for compensation.
In addition, Bilyuchenko is accused of collaborating with Alexander Vinnik and others in the management of the BTC-e exchange, which from 2011 to 2017 served as a center for transferring, laundering and storing proceeds from illegal activities for cybercriminals from around the world. BTC-e was shut down in 2017 after Vinnik's arrest in Greece at the request of the US.
Both are charged with conspiracy to launder money, while Bilyuchenko is also charged with running an unlicensed money services business. All defendants are presumed innocent until proven guilty in court.
Mt. Gox and BTC-e were two well-known cryptocurrency exchanges that ceased operations as a result of hacking attacks and law enforcement actions.
Mt. Gox was the largest bitcoin exchange in the world from 2010 to 2014, handling more than 70% of all bitcoin transactions. In 2011, it was hacked by unknown hackers who stole about 647 thousand bitcoins from the accounts of the exchange's clients. In 2014, the exchange announced its bankruptcy and closure.
BTC-e was an illegal cryptocurrency platform founded in 2011 by Russians Alexey Bilyuchenko and Alexander Werner. It served as a center for transferring, laundering and storing the proceeds of illegal activities for cybercriminals from all over the world. She also used some of the stolen bitcoins from Mt. Gox for her work. In 2017, it was shut down, and its servers and assets were seized by the FBI.
The United States has charged two Russian citizens with involvement in one of the largest hacking attacks on the cryptocurrency industry. Alexey Bilyuchenko and Alexander Werner are accused of hacking the Japanese exchange Mt. Gox in 2011 and laundering stolen bitcoins through the illegal BTC-e platform.
According to the US Department of Justice, the investigation was the result of the cooperation of several law enforcement agencies, including the FBI and the US Secret Service. The defendants are part of a group of hackers who gained unauthorized access to the Mt. Gox server, where the cryptocurrency wallets of the exchange's clients were stored. As a result, they stole about 647 thousand bitcoins, worth more than $ 25 billion to date.
Most of the stolen bitcoins were then laundered through two other online exchanges, as well as through a certain New York broker who helped them transfer millions of dollars to offshore accounts under the guise of a contract for advertising services. Hacking Mt. Gox led to the closure of the exchange in 2014 and significant losses for its customers, who are still waiting for compensation.
In addition, Bilyuchenko is accused of collaborating with Alexander Vinnik and others in the management of the BTC-e exchange, which from 2011 to 2017 served as a center for transferring, laundering and storing proceeds from illegal activities for cybercriminals from around the world. BTC-e was shut down in 2017 after Vinnik's arrest in Greece at the request of the US.
Both are charged with conspiracy to launder money, while Bilyuchenko is also charged with running an unlicensed money services business. All defendants are presumed innocent until proven guilty in court.
Mt. Gox and BTC-e were two well-known cryptocurrency exchanges that ceased operations as a result of hacking attacks and law enforcement actions.
Mt. Gox was the largest bitcoin exchange in the world from 2010 to 2014, handling more than 70% of all bitcoin transactions. In 2011, it was hacked by unknown hackers who stole about 647 thousand bitcoins from the accounts of the exchange's clients. In 2014, the exchange announced its bankruptcy and closure.
BTC-e was an illegal cryptocurrency platform founded in 2011 by Russians Alexey Bilyuchenko and Alexander Werner. It served as a center for transferring, laundering and storing the proceeds of illegal activities for cybercriminals from all over the world. She also used some of the stolen bitcoins from Mt. Gox for her work. In 2017, it was shut down, and its servers and assets were seized by the FBI.
