• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Russia Sells Seized Bitcoin Worth Millions

user avatar

by Giorgi Kostiuk

a year ago


Russian authorities have initiated the sale of cryptocurrency confiscated from the Infraud hacker group. A total of 1,032 Bitcoin were seized, marking the largest Bitcoin confiscation in the country's history.

Commencement of Seized Bitcoin Sale

TASS news agency reported that the Russian Treasury started the process of selling seized Bitcoins, beginning with a batch worth $10 million. In total, 1,032 Bitcoins were confiscated from the Infraud hacker group.

The Marat Tambiev Case

Former Investigative Committee officer Marat Tambiev was found guilty of accepting a bribe from the Infraud group. Hundreds of Bitcoins were found on his computer and storage devices. He was sentenced to 16 years in a maximum-security penal colony.

We have recently seen cryptocurrency involved in bribery cases. Cryptocurrency is the sector that is the least controlled by the state. And it is extremely difficult to track transfers made using crypto. However, it is not impossible.Marina Odintsova, head of the Kirov branch of the Association of Lawyers of Russia

Court Proceedings and Outcomes

The Balashikha court found Tambiev guilty and fined him 500 million rubles. His former subordinate, Kristina Lyakhovenko, was also found guilty and sentenced to 9 years. The case became the largest bribery incident involving cryptocurrency in Russia's history.

The inclusion of cryptocurrency in corruption cases highlights the challenges faced by the law enforcement system. Russian authorities continue to take measures to combat such crimes.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Skepticism Grows in Nigerian Tech Community Over PayPal's Return

chest

Skepticism grows in the Nigerian tech community over PayPal's return due to its history of account restrictions and failures to serve users fairly.

user avatarMiguel Rodriguez

Nigerian Users Report Ongoing Issues with PayPal After Launch

chest

Nigerian users report ongoing issues with PayPal, including account locks and verification failures, raising skepticism about the platform's commitment to resolving these problems.

user avatarLuis Flores

PayPal Launches in Nigeria, But Users Face Immediate Issues

chest

PayPal launches in Nigeria through a partnership with Paga, but users face immediate issues such as account locks and failed verification.

user avatarArif Mukhtar

Weather Damage Causes TikTok Issues for Users Across the U.S.

chest

Weather damage at an Oracle data center caused technical issues for TikTok users in the U.S.

user avatarDavid Robinson

California Introduces 2026 Billionaire Tax Act to Fund Public Services

chest

California has introduced the 2026 Billionaire Tax Act, proposing a 5% tax on net worth for residents with assets of 1 billion or more to raise nearly 100 billion for public services.

user avatarJacob Williams

TON Network Aims to Expand Its Influence in the US Market

chest

The TON network aims to increase its presence in the US market by focusing on tokenized stocks and stablecoin transfers.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.