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Blockchain security companies tackle cryptocurrency theft, ransom tracing

CSO Magazine

According to data from the Rekt leaderboard , cybercriminals have stolen as much as $3 billion of investor funds through 141 various cryptocurrency exploits since January, putting 2022 on track to top 2021 levels of digital currency malfeasance. Comparitech’s cryptocurrency heists tracker indicates that since 2011, hackers have stolen $7.9

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Russian Operator of BTC-e Crypto Exchange Pleads Guilty to Money Laundering

The Hacker News

A Russian operator of a now-dismantled BTC-e cryptocurrency exchange has pleaded guilty to money laundering charges from 2011 to 2017. Alexander Vinnik, 44, was charged in January 2017 and taken into custody in Greece in July 2017. He was subsequently extradited to the U.S. in August 2022.

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COURT DOC: Russian Nationals Charged With Hacking One Cryptocurrency Exchange And Illicitly Operating Another

Security Boulevard

Bilyuchenko and Verner are charged with conspiring to launder approximately 647,000 bitcoins from the 2011 hack of Mt. Bilyuchenko is separately charged with conspiring with Alexander Vinnik to operate the illicit cryptocurrency exchange BTC-e from 2011 to 2017.

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Russians charged with hacking Mt. Gox crypto exchange, running BTC-e

Bleeping Computer

Russian nationals Alexey Bilyuchenko and Aleksandr Verner have been charged with the 2011 hacking of the leading (at the time) cryptocurrency exchange Mt. Gox and the laundering of around 647,000 bitcoins they stole. [.]

Hacking 101
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A man faces up to 25 years in prison for his role in operating unlicensed crypto exchange BTC-e

Security Affairs

A Belarusian and Cypriot national linked with the cryptocurrency exchange BTC-e is facing charges that can lead maximum penalty of 25 years in prison. “According to the indictment, between 2011 and July 2017, Aliaksandr Klimenka, 42, allegedly controlled BTC-e, a digital currency exchange, with Alexander Vinnik and others.”

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Russians charged with hacking Mt. Gox exchange and operating BTC-e

Security Affairs

Two Russian nationals have been charged with the hack of the cryptocurrency exchange Mt. Gox in 2011 and money laundering. Russian nationals Alexey Bilyuchenko (43) and Aleksandr Verner (29) have been charged with the hack of the cryptocurrency exchange Mt. Then the attackers transferred funds from Mt. ” reads the DoJ.

Hacking 86
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Identifying the Person Behind Bitcoin Fog

Schneier on Security

The complaint outlines how Sterlingov allegedly paid for the server hosting of Bitcoin Fog at one point in 2011 using the now-defunct digital currency Liberty Reserve.