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Bitcoin From Russian Cybercrime Case Being Moved to Crypto Exchanges, Says Crystal Blockchain

Unknown parties are transferring evidence related to a criminal case involving a large amount of bitcoin in Russia to crypto exchanges, according to blockchain intelligence firm Crystal Blockchain. The case involves a disgraced law enforcement officer who allegedly extorted bitcoin from hackers.

The hackers paid a bribe of 1,032 BTC to avoid having all of their crypto confiscated, but claim to have sent the officer more than twice that amount. Crystal Blockchain believes that other officials with connections to Russia-based cybercrime groups may have received some of the payments.

Additionally, law enforcement has seized two wallets associated with the Infraud Organization, which contained a payment of 1,032 BTC and the remaining 654 BTC. It is believed that these payments were made to officials connected to Russia-based cybercrime groups.

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