Two men charged in Mt. Gox crypto hack by US authorities

1 min read
Source: Cointelegraph
Two men charged in Mt. Gox crypto hack by US authorities
Photo: Cointelegraph
TL;DR

The US Justice Department has charged two Russian nationals, Alexey Bilyuchenko and Aleksandr Verner, for allegedly stealing 647,000 Bitcoin from the former cryptocurrency exchange Mt. Gox through a hack of its servers. The two men are also accused of conspiring to launder the stolen Bitcoin through another exchange they controlled, BTC-e. Prosecutors claim the hack occurred over a period of more than a year, from September 2011 until at least May 2014. Bilyuchenko is also charged with conspiring to operate BTC-e, which was shut down in 2017 due to money laundering allegations.

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