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Feds charge two men for the $400 million Bitcoin hack that took down Mt. Gox


Gold coins on a red background.
Illustration by Alex Castro / The Verge

The US federal government has charged two Russian nationals in connection with the series of hacks that brought down the Mt. Gox Bitcoin exchange in 2014. In a press release on Friday, the Department of Justice announced it’s unsealing a 2019 indictment charging (PDF) Alexey Bilyuchenko and Aleksandr Verner with conspiring to launder 647,000 Bitcoins stolen from the exchange, which was worth around $400 million at the time.

The government is separately charging Bilyuchenko for working with Alexander Vinnik — who the DOJ indicted in 2017 before he was extradited to the US last fall — for operating BTC-e, a now-defunct crypto exchange that served as “one of the primary ways by which cyber criminals around the world transferred, laundered,…

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By: Emma Roth
Title: Feds charge two men for the $400 million Bitcoin hack that took down Mt. Gox
Sourced From: www.theverge.com/2023/6/9/23755376/mt-gox-bitcoin-hack-russians-charged
Published Date: Fri, 09 Jun 2023 17:37:10 +0000

Emma Roth
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