US Justice Department Charges Two Men in Mt. Gox Hack.

The Justice Department has recently claimed that Alexey Bilyuchenko and Aleksandr Verner took control of a Mt. Gox server and stole 647,000 Bitcoin from the exchange. This is a significant development in the ongoing investigation into the Mt. Gox hack, which occurred in 2014 and resulted in the loss of over $400 million worth of Bitcoin.

Here are the most important points to know about this latest development:

1. The Justice Department has charged Bilyuchenko and Verner with conspiracy to commit computer fraud and abuse, wire fraud, and money laundering. The charges were filed in the Northern District of California.

2. According to the indictment, Bilyuchenko and Verner gained access to a Mt. Gox server in 2013 and used that access to steal the 647,000 Bitcoin. They then laundered the stolen funds through various online exchanges and wallets.

3. The indictment also alleges that Bilyuchenko and Verner attempted to cover up their involvement in the hack by creating false records and lying to law enforcement officials.

In summary, the Justice Department’s claims that Bilyuchenko and Verner were responsible for the Mt. Gox hack and subsequent theft of 647,000 Bitcoin is a major development in the ongoing investigation into this high-profile case. The charges against the two individuals include conspiracy to commit computer fraud and abuse, wire fraud, and money laundering, and they could face significant penalties if convicted. The case serves as a reminder of the importance of strong cybersecurity measures and the potential consequences of failing to protect sensitive data.