• 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

Amber Group and Ethena Foundation Deposit 132M ETH to Exchanges

chest

Amber Group and the Ethena Foundation deposited approximately 132 million worth of Ethereum to leading cryptocurrency exchanges, potentially signaling strategic institutional moves.

user avatarArif Mukhtar

Contrasting Actions of Institutional Players in Crypto Market

chest

The contrasting actions of Amber Group and Ethena Foundation's deposits and Arrington Capital's withdrawals highlight diverse strategies in the cryptocurrency market.

user avatarLuis Flores

Solo Bitcoin Miner Secures Full Block Reward Worth $295,000

chest

An unidentified solo Bitcoin miner has achieved a remarkable feat by mining a full block, earning approximately $295,000 and securing 316 BTC.

user avatarMaria Gutierrez

Alchemy Pay Secures Money Transmitter License in South Dakota

chest

Alchemy Pay has secured a Money Transmitter License in South Dakota, allowing it to operate legally in 13 states and enhancing trust for users and merchants.

user avatarDavid Robinson

Crypto Fear and Greed Index Shows Greed for the First Time Since October

chest

The Crypto Fear and Greed Index has recorded a greed score of 61 for the first time since October, indicating improved investor sentiment after weeks of fear.

user avatarAndrew Smith

Turbo (TURBO) Displays Elite Short-Term Momentum

chest

Turbo has shown impressive short-term momentum, supported by rising transaction frequency. Analysts describe its recent performance as premier among microcap assets, although the sustainability of this momentum remains uncertain.

user avatarSon Min-ho

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.