• 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

USDe's Unique Mechanism and Regulatory Compliance Highlighted by Upbit Listing

chest

The recent listing of USDe on Upbit highlights its unique algorithmic mechanism for price stability and compliance with South Korea's regulatory standards.

user avatarTando Nkube

APEMARS Introduces High-Impact Staking System

chest

APEMARS introduces a high-impact staking system with a 63% APY designed for long-term holders.

user avatarKofi Adjeman

Buterin Calls for a Decentralized Renaissance

chest

Buterin calls for developers and users to engage in the matured decentralized applications as we approach 2026, highlighting the readiness of the Web3 infrastructure.

user avatarSatoshi Nakamura

Fileverse: A Model for Decentralized Applications

chest

Buterin highlights Fileverse as an exemplary model for decentralized applications, utilizing Ethereum and Gnosis Chain for identity and document registration, while ensuring user access even if the platform ceases to exist.

user avatarJesper Sørensen

Vitalik Buterin Highlights Revitalized Web3 Vision

chest

Vitalik Buterin emphasizes the revitalized momentum of the Web3 vision, calling for developers to build on the decentralized internet goal established in 2014.

user avatarNguyen Van Long

Probable Launches Commission-Free Trading and Automatic Token Swapping.

chest

Probable has implemented a unique zero-fee structure and automatic token conversion to USDT, significantly enhancing the user experience.

user avatarRajesh Kumar

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.