US charges two Russian men over 2014 Mt Gox Bitcoin hack of $400 mn

The US government has charged two Russian nationals in connection with the $400 million Bitcoin hack that brought down the Mt. Gox Bitcoin exchange in 2014.

The Department of Justice (DoJ) announced the unsealing of charges against Alexey Bilyuchenko and Aleksandr Verner, both Russian nationals.

Bilyuchenko and Verner are charged in the Southern District of New York with conspiring to launder approximately 647,000 bitcoins from the 2011 hack of Mt. Gox, which was worth around $400 million at the time (called the SDNA case).