 Technology |
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DOJ charges Russians in hack of crypto exchange |
The Department of Justice on Friday unsealed charges against two Russian nationals accused of participating in a 2011 hack of cryptocurrency exchange Mt. Gox. |
Authorities said the two Russians, Alexey Bilyuchenko and Aleksandr Verner, were charged with conspiring to launder about 647,000 bitcoin from the Mt. Gox hack. Bilyuchenko is also charged with conspiring with another alleged co-conspirator in operating BTC-e, an illicit cryptocurrency exchange that was shut down by U.S. law enforcement in 2017. "For years, Bilyuchenko and his co-conspirators allegedly operated a digital currency exchange that enabled criminals around the world — including computer hackers, ransomware actors, narcotics rings, and corrupt public officials — to launder billions of dollars," said U.S. Attorney Ismail J. Ramsey for the Northern District of California. In one of the indictments brought by the Southern District of New York, the defendants allegedly gained unauthorized access to a server holding crypto wallets of Mt. Gox, so they could illegally transfer digital assets to bitcoin addresses they controlled. Mt. Gox ultimately shut down its operations in 2014 after the heist was uncovered. Read the full report at TheHill.com. |
Welcome to The Hill's Technology newsletter, I'm Ines Kagubare — tracking the latest moves from Capitol Hill to Silicon Valley. |
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How policy will be impacting the tech sector now and in the future: |
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President Biden sought to offer a contrast in normality Friday, visiting a community college in North Carolina to tout U.S. manufacturing gains even as revelations about his predecessor's criminal indictment poured in. "A manufacturing innovation boom is happening all across America, not just in North Carolina," Biden said at Nash Community College in Rocky Mount.
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Two Democratic lawmakers are calling on the inspector general of the Department of Homeland Security (DHS) to resign after he said in a hearing that he routinely deletes text messages from his government phone.
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Former Donald Trump spokesperson Raj Shah left Fox Corp. in May, following the company's massive $787 million settlement with Dominion Voting Systems.
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News we've flagged from the intersection of tech and other topics: |
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Netflix crackdown on password-sharing led to rise in subscription |
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French president meets tech giant to discuss AI |
Emmanuel Macron met with experts from Meta and Google to discuss France's role in the AI race, Bloomberg reported. |
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Branch out with other reads on The Hill: |
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Lawyers blame ChatGPT for tricking them into citing bogus case law |
NEW YORK (AP) — Two apologetic lawyers responding to an angry judge in Manhattan federal court blamed ChatGPT Thursday for tricking them into including fictitious legal research in a court filing. Attorneys Steven A. Schwartz and Peter LoDuca are facing possible punishment over a filing in a lawsuit … |
U.S. and British cybersecurity officials warned Wednesday that a Russian cyber-extortion gang’s hack of a file-transfer program popular with corporations could have widespread global impact. Initial data-theft victims include the BBC, British Airways and Nova Scotia’s government. "This … |
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Two key stories on The Hill right now: |
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Former President Trump on Friday announced a significant change in his legal team representing him in the case of whether he mishandled classified … Read more |
| Donald Trump was indicted Thursday in a case involving his handling of classified documents, making him the first former U.S. president to be faced … Read more |
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Opinions related to tech submitted to The Hill: |
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You're all caught up. See you Monday! |
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