Tag: Crypto Exchange Hack

Two Russian Nationals Charged for Masterminding Mt. Gox Crypto Exchange Hack
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Two Russian Nationals Charged for Masterminding Mt. Gox Crypto Exchange Hack

Two Russian nationals have been accused by the U.S. Department of Justice (DoJ) of planning the 2014 digital theft of the now-defunct cryptocurrency exchange Mt. Gox. Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, have been charged with conspiring to launder about 647,000 bitcoins that were stolen from September 2011 through at least May 2014 as a result of unauthorized access to a server containing crypto wallets used by Mt. Gox customers, according to unsealed indictments published last week. Assistant Attorney General Kenneth A. Polite, Jr. claimed in a statement that Bilyuchenko and Verner stole a significant amount of cryptocurrency from Mt. Gox beginning in 2011 and contributed to the exchange's ultimate insolvency read more Two Russian Nationals Charged for Masterminding M...