• 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

Monero Faces Price Decline in Early 2026

chest

Monero's price has significantly dropped from its early 2026 highs, reflecting ongoing selling pressure.

user avatarKaterina Papadopoulou

PVPFun Partners with Manadia to Secure Web3 Applications

chest

PVPFun has announced a strategic integration with Manadia to enhance the security and reliability of decentralized applications.

user avatarTomas Novak

Grayscale Files for Bittensor TAO Trust

chest

Grayscale amended its S1 filing to establish the Bittensor TAO Trust, creating the first institutional product for direct exposure to AI tokens.

user avatarAisha Farooq

Drift Protocol Confirms Attack Draining 270 Million from Solana Ecosystem

chest

Drift Protocol confirmed an active attack on April 1 that drained over 270 million from the Solana ecosystem, exploiting a flaw in durable nonces and raising concerns about ecosystem stability.

user avatarMaya Lundqvist

Coinbase Challenges SEC's Proposed Measure on Tokenization

chest

Coinbase formally challenges an SEC proposal requiring issuer approval for third-party tokenization of publicly traded stocks.

user avatarLeo van der Veen

Ethereum Foundation Finalizes $143M Staking Initiative.

chest

The Ethereum Foundation has staked 93 million worth of ETH, completing its 70,000 ETH target and locking 143 million into validators.

user avatarLi Weicheng

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.