United States Department of Justice revealIt has charged two men in connection with the $400 million Mt. Gox hack, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, for allegedly conspiring to launder 647,000 Bitcoin that they He stole it from Mt. Gox through an exchange hack.
Bilyuchenko is also charged with conspiring to operate the BTC-e exchange, which was shut down in 2017 over allegations of money laundering.
Prosecutors claim the hack took place over a period of more than a year, from September 2011 to at least May 2014. during this time Both men operate a Mt. Gox server located in Japan. They then transferred BTC from Mt. Gox intermittently until “most” of their customers’ BTC ran out of the exchange, prosecutors said.
After taking possession of Bitcoin, they attempted to sell it through another exchange they controlled. and to facilitate these sales Both men had a fraudulent contract with a New York-based Bitcoin brokerage firm. The broker bought the stolen BTC from the hackers by wire transfer to an offshore bank account.
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