DOJ reveal identity of Russian hackers believed to be behind epic Mt. Gox bitcoin theft
Providing an answer to one of the biggest mysteries in the crypto world, the Department of Justice revealed the identity of two Russian hackers they say were behind the Mt. Gox bitcoin heist a decade ago — one of the biggest such thefts in history.
A federal judge in New York unsealed an indictment this week that named Alexey Bilyuchenko and Aleksandr Verner as the men responsible for the hack that drained 674,000 bitcoin from Japan’s Mt. Gox exchange between 2011 and 2014. The men allegedly moved the bitcoin into accounts they controlled and then engaged in an elaborate effort to launder the proceeds, involving advertising contracts with other cryptocurrency operations that allowed them to make the movement of the money appear legitimate.
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