22. Februar 2024

Two Russians Charged With Laundering Over $600K in Bitcoin

• DOJ charges two Russian nationals for laundering over 600k Bitcoin stolen from Mt. Gox hack
• Ex-SEC chair Jay Clayton says agency is having ‘blunt conversations’ on crypto; endorses ‘true stablecoins’
• Crypto.com to halt US institutional exchange offering; retail users unaffected

DOJ Charges Russians with Laundering Stolen Bitcoins

The U.S. Department of Justice has charged two Russians, Alexey Bilyuchenko and Aleksandr Verner, for conspiring to launder 647,000 Bitcoin (BTC) stolen from their hack of Mt. Gox in 2011, according to a June 9 statement. The DOJ accused them of using their unauthorized access to Mt. Gox servers to transfer BTC to wallets controlled by them and their co-conspirators between 2011 and 2014. Additionally, the DOJ is charging Bilyuchenko and Alexander Vinnik for conspiring to operate BTC-E. This crypto exchange was shut down in 2017 by the authorities because it facilitated ways for criminals to transfer, launder, and store their criminal proceeds.

Ex-SEC Chair Discusses “Blunt Conversations” on Crypto

Ex-SEC chair Jay Clayton says agency is having ‘blunt conversations’ on crypto; endorses ‘true stablecoins’ He added that the SEC wants investors to have transparency and accuracy when dealing with cryptocurrencies.

Crypto Exchange Halts US Institutional Exchange Offering

Crypto.com announced it will be halting its US institutional exchange offering due to regulatory uncertainty in the United States while continuing servicing retail customers.

Buterin Says Ethereum Needs Three Transitions

Vitalik Buterin said that Ethereum needs three critical transitions — including scaling solutions such as sharding or Plasma —to ensure its survival.

US DOJ Charges Two Russians with Money Laundering

The DOJ alleged the Russian nationals set up a virtual asset platform, BTC-E, from the proceeds of their Mt. Gox hack which resulted in them laundering over 600k bitcoin