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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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Crypto security breaches cause $4.25 billion losses worth of cryptos in 2021

Security Affairs

The cyberattacks against the cryptocurrency industry are a profitable business for threat actors, according to the experts, $12.1 billion worth of cryptocurrencies have been stolen in the last decade. “Cryptocurrency crime stands in direct proportion to the size of the cryptocurrency market. Threat actors stole $3.18

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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.

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US Treasury FinCEN linked $5.2 billion in BTC transactions to ransomware payments

Security Affairs

FinCEN analyzed a data set composed of 2,184 SARs filed between 1 January 2011 and 30 June 2021 and identified 177 CVC (convertible virtual currency) wallets addresses that were used in ransomware operations associated with the above ransomware variants. Follow me on Twitter: @securityaffairs and Facebook.

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John McAfee found dead in prison cell ahead of extradition to US

Security Affairs

The company was purchased by Intel in 2011 for more than $7.6bn. According to the indictment , the expert earned millions in income from promoting cryptocurrencies, consulting work, speaking engagements, and selling the rights to his life story for a documentary.

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Alexander Vinnik, the operator of BTC-e exchange, pleaded guilty to money laundering

Security Affairs

Alexander Vinnik , a Russian national, pleaded guilty to conspiracy to commit money laundering for his involvement in operating the cryptocurrency exchange BTC-e from 2011 to 2017. charged Aliaksandr Klimenka, a Belarusian and Cypriot national linked with the cryptocurrency exchange BTC-e. reported the Associated Press.

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Alexander Vinnik, the popular cyber criminal goes on trial in Paris

Security Affairs

In 2017, Greek Police arrested the Russian national Alexander Vinnik and they accused the man of running the BTC-e Bitcoin exchange to launder more than US$4bn worth of the cryptocurrency. The authorities reported that since 2011, 7 million Bitcoin went into the BTC-e exchange and 5.5 million withdrawn.