Press Releases TheBitTimes.com

Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to Elliptic. Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly becoming the latest to come in contact with the hacked crypto.  On June 13, blockchain security and compliance firm Elliptic updated the situation regarding the stolen Atomic Wallet funds. It alleges that the North Korean hacking collective, the Lazarus Group — which is believes is behind the attack — has used sanctioned Russian-based crypto exchange Garantex to launder the loot. In a Twitter post, the firm said there had been a significant and successful cross-community effort between Elliptic and many exchange partners to freeze the stolen crypto. However, Lazarus has now found other means to trade their assets for Bitcoin (BTC). After a significant and successful cross-community effort between @ellip...

A group of hackers allegedly bribed a Russian official investigating their case with a record sum of 1,032 bitcoin worth $28 million, prompting his swift suspension while his case goes to court. Marat Tambiev has worked for the Investigative Committee of Russia (ICR) since 2011. He held major roles across Russian investigative departments before becoming head of the Tverskoy district of Moscow’s investigative department. Tambiev allegedly received the hefty bribe on April 7, 2022 from hacking group Infraud Organization Mark. Its members, Kirill Samokutyaevsky and Konstantin Bergmanov, were under investigation in Russia during that time. According to a lawsuit brought to the Nikulinsky District Court of Moscow, Tambiev took the bitcoin bribe from the pair on the condition that the group’s illegally obtained assets wouldn’t be confiscated. This meant that Samokutyaevsky and Bergmanov evaded jail time. When the alleged bribe was first discovered in early 2023, the 1,032 ...