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BTC-e Operator, Accused of Laundering $4 Billion, to be Extradited to France

BTC-e Operator, Accused of Laundering $4 Billion, to be Extradited to France

July 17, 2018Swati Khandelwal
In a legal extradition tug-of-war between the United States and Russia, it seems France has won the game, surprisingly. A Greek court has ruled to extradite the Russian cybercrime suspect and the former operator of now-defunct BTC-e crypto exchange to France, instead of the United States or to his native Russia, according to multiple Russian news outlets. Alexander Vinnik , 38, has been accused of laundering more than $4 billion in bitcoin for criminals involved in hacking attacks, tax fraud and drug trafficking with the help of BTC-e crypto exchange. BTC-e, a digital currency exchange service operating since 2011, was seized by the authorities right after Vinnik's arrest in northern Greece in late July 2016 at the request of US law enforcement authorities. Vinnik is also accused to the failure of the once-most famous Japanese bitcoin exchange Mt. Gox , which was shut down in 2014 following a series of mysterious robberies, which totaled at least $375 million in Bitcoin
Mt.Gox Bitcoin Exchange CEO Arrested by Japanese Police

Mt.Gox Bitcoin Exchange CEO Arrested by Japanese Police

August 03, 2015Mohit Kumar
Remember  Mt.Gox ? Once the world’s largest Bitcoin exchange… ...then in early 2014, Tokyo-based Mt.Gox Bitcoin exchange filed for bankruptcy saying it lost some 8,50,000 Bitcoins (worth $64 Million) to hackers and suddenly went dark with no explanation. Last Friday, Mark Karpeles , the former CEO of the collapsed Mt.Gox, was arrested by Tokyo Metropolitan Police in connection with the disappearance of Bitcoins worth £247 Million. Police believe Mr. Karpeles had accessed the computer system of the Bitcoin exchange and manipulated the outstanding balance to cover up fraudulent transactions. The company said at the time that 750,000 customers’ Bitcoins and another 100,000 belonging to the exchange were stolen due to an unknown vulnerability in the company’s software. While he is not yet been charged, the authorities are investigating his involvement in the stealing of Millions of dollars of the Bitcoin virtual currency when the exchange collapsed in 2014. Mt
MtGox Hacker tricks people to install Bitcoin Stealer

MtGox Hacker tricks people to install Bitcoin Stealer

March 15, 2014Swati Khandelwal
This News will blow everyone’s mind! If you are a bitcoins holder then you might be aware of  MtGox , Once the World's biggest Bitcoin exchange .  MtGox  filed for bankruptcy last month after saying it lost some 8,50,000 Bitcoins to hackers and suddenly went dark with no explanations. A few days ago, some unknown hacker breached into the personal blog and Reddit account of MTgox CEO,  Mark Karpeles  to level charges of fraud. But, Hackers are very clever to avail every eventuality they get. After compromising the MtGox CEO's blog, the hacker posted a 716MB ZIP file, MtGox2014Leak.zip , which contains the data dump and specialized software tools for remote access to MtGox data, but these software tools turned out to be a Bitcoin wallet stealing malware , according to the research carried out by the Kaspersky Lab Expert , Sergey Lozhkin. The application was actually a malware, which was created to search and steal Bitcoin wallet files from the victims’ computer.
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