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A $1 million BTC bribe leads to conspiracy charges for Russian man

Published 08/27/2020, 02:54 PM
Updated 08/27/2020, 06:20 PM
A $1 million BTC bribe leads to conspiracy charges for Russian man

The Department of Justice has charged Russian citizen Egor Igorevich Kriuchkov with conspiracy to damage a protected computer system after he allegedly bribed an employee of a Nevada company with $1 million in Bitcoin to install malware in that company’s computer system.

According to documents from the U.S. District Court of Nevada, Kriuchkov wanted to steal data from the company’s network, then threaten to make that data public unless the company paid a ransom. He first arranged contact with the employee via WhatsApp, then entered the United States on a tourist visa to meet him in person. The District Court of Nevada makes mention of Kriuchkov having “coconspirators,” but they are unidentified as of press time.

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