• 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

Waymo Sets Ambitious Goal for Paid Rides

chest

Waymo, the autonomous cab service owned by Alphabet, aims to achieve one million paid rides per week by the end of 2026.

user avatarRajesh Kumar

Alphabet's Stock Experiences Volatility Amid Waymo Developments

chest

Alphabet's stock has seen fluctuations due to Waymo's updates and a recent bond sale for AI funding.

user avatarMiguel Rodriguez

XRP Price Analysis Highlights Key Resistance Level

chest

A market analyst identifies a crucial resistance level for XRP that could determine its next price movement.

user avatarLuis Flores

Binance Addresses Allegations Amidst Major Crypto Liquidation

chest

Binance co-CEO Richard Teng addresses allegations regarding the exchange's involvement in the significant liquidation wave in crypto markets on October 10, emphasizing that external factors were the primary cause.

user avatarArif Mukhtar

Ethereum Whales Continue Accumulation Amid Price Decline

chest

Ethereum whales are accumulating ETH despite price decline, indicating a bullish outlook.

user avatarMaria Gutierrez

XRP Poised for Major Bullish Structure Shift

chest

Crypto analyst ChartNerd suggests that XRP is on the verge of a significant bullish shift, contingent on maintaining its price above $1.

user avatarDavid Robinson

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.