"US Charges Russians With Hacking Cryptocurrency Exchange"

Two Russian nationals have recently been charged in the US with hacking the now-defunct cryptocurrency exchange Mt. Gox and conspiring to launder the proceeds.  Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, allegedly attempted to launder 647,000 Bitcoins from their hack of Mt. Gox. According to court documents, the two and other co-conspirators hacked Mt. Gox, the largest Bitcoin exchange at the time, in September 2011. On Friday, the US unsealed an indictment alleging that Bilyuchenko and Verner were among the individuals responsible for the hack and that they laundered at least 300,000 of the stolen Bitcoins. In a second indictment unsealed on Friday, Bilyuchenko and another Russian national, Alexander Vinnik, were charged with operating the illicit cryptocurrency exchange BTC-e from 2011 until 2017, when it was shut down by law enforcement. According to the indictment, BTC-e served more than one million users globally, processing billions of dollars worth of transactions. The exchange allegedly received criminal proceeds from numerous hacks, ransomware attacks, and identity theft schemes.

SecurityWeek reports: "US Charges Russians With Hacking Cryptocurrency Exchange"