• 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

S&P 500 Hits Record Closing Levels Amid Crypto Struggles

chest

S&P 500 reaches record closing levels while Bitcoin and Ethereum face volatility.

user avatarLeo van der Veen

Market Sentiment Shifts as Investors Await Fed Meeting Minutes

chest

Investors are cautiously optimistic as they await the release of the Federal Reserve's December meeting minutes, which may contain clues about potential interest rate cuts.

user avatarMaya Lundqvist

RWA Tokens Lead Crypto Performance in 2025

chest

RWA tokens have shown remarkable performance in 2025, achieving an average gain of 1858% YTD, driven by large winners like Keeta Network, Zebec Network, and Maple Finance.

user avatarLi Weicheng

South Korean Employee Sentenced for Espionage Involving North Korean Bitcoin Payments

chest

A South Korean cryptocurrency exchange employee has been sentenced to four years in prison for accepting 487,000 in Bitcoin from North Korea to recruit officers for espionage activities.

user avatarAisha Farooq

Transparency Challenges in Blockchain Projects Highlighted by PROVE Succinct

chest

The challenges of transparency in blockchain projects are underscored by the PROVE Succinct initiative's lack of verified information.

user avatarTenzin Dorje

PROVE Succinct Aims to Scale Ethereum by 2025

chest

The PROVE Succinct initiative aims to enhance Ethereum's scalability by 2025, but lacks verified details on its execution.

user avatarBayarjavkhlan Ganbaatar

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.