header banner
Default

Russians Are Accused of Crypto-Theft in the Mt Gox Trading


Table of Contents
    Mt. Gox was once the dominant exchange for bitcoin trading, but a hack led to its shutdown in 2014. Photo: Alamy

    Two Russian nationals were charged with stealing about 647,000 bitcoin in a hack of Mt. Gox, draining the now-defunct crypto exchange between 2011 and 2014 of digital currency that today would be valued at $17 billion.

    Alexey Bilyuchenko and Aleksandr Verner were charged with conspiring to launder the bitcoin by transferring the money to shell companies and accounts held in other people’s names, the Justice Department said in announcing the case Friday. 

    Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Sources


    Article information

    Author: Noah Fleming

    Last Updated: 1704378961

    Views: 1121

    Rating: 4.5 / 5 (56 voted)

    Reviews: 87% of readers found this page helpful

    Author information

    Name: Noah Fleming

    Birthday: 1946-12-02

    Address: 78742 Davis River, Paulstad, AR 16269

    Phone: +4557639336004033

    Job: Bioinformatician

    Hobby: Rock Climbing, Horseback Riding, Chocolate Making, Web Development, Pottery, Tea Brewing, Fishing

    Introduction: My name is Noah Fleming, I am a variegated, enterprising, unguarded, venturesome, exquisite, bold, rich person who loves writing and wants to share my knowledge and understanding with you.