Alleged Mt. Gox hackers have been charged by the Justice Department; officials claim one of them is affiliated with BTC-e.
Bilyuchenko is also charged with conspiring to operate the BTC-e exchange, which wasThe DOJ unsealed charges related to the 2011 hack of the cryptocurrency exchange Mt. Gox and the operation of the illicit cryptocurrency exchange BTC-e.
Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, both Russian nationals, are charged with conspiring to launder approximately…Prosecutors claim the hack occurred over a period of more than a year, from September 2011 until at least May 2014. During this time, the two men allegedly gained control of a Mt. Gox server located in Japan. They then proceeded to periodically make transfers of BTC from Mt.
After gaining possession of the Bitcoin, the men attempted to sell it through another exchange they controlled. To facilitate these sales, the two men entered into an allegedly fraudulent contract with a Bitcoin brokerage firm located in New York. The brokerage firm purchased the stolen BTC from the hackers by sending wire transfers to various offshore bank accounts, prosecutors argue.
The announcement does not say whether BTC-e was the exchange used in the fraudulent deal, instead referring to the exchange used as “Exchange-1.” Prosecutors claim that the pair received approximately $6.6 million from the deal.Mt. Gox was one of the first major cryptocurrency exchanges. It filed for bankruptcy in March 2014 after claiming the hack pushed it into insolvency.
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