Accused Cybercriminals: Russians Charged with Hacking Mt. Gox Crypto Exchange and Manages BTC-e

In one of the earliest, biggest, and most widely publicized bitcoin robberies in the world, in the case of the collapsed cryptocurrency exchange Mt. Gox, the United States charged two Russian nationals. 

A criminal complaint was filed by the Department of Justice to investigate the hacking of the Bitcoin exchange carried out by Alexey Bilyuchenko, 43, and Aleksandr Verner, 29. They laundered 647,000 bitcoins, worth $17.2 billion today, thanks to their conspiracy. 

A second charge against Bilyuchenko is alleged to be a conspiracy to operate BTC-e, the “illicit exchange,” from 2011 to 2017, in conjunction with Alexander Vinnik. Vinnik was extradited from Greece to the United States for a criminal investigation into BTC-e and money laundering charges against him in 2022. This was for his role in the operation of the exchange. 

This event proved to be one of the earliest indications that cryptocurrency exchanges which allow users to convert their digital assets into traditional cash via conversions of their digital assets were vulnerable to cybercriminals in the first place as a result of this event. There have been many thefts in the industry since then. 

In an attempt to contact Bilyuchenko or Verner to find their contact details, Reuters was unable to do so. Neither of them could be found, and it w

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