Bombshell BBC crypto-extortion report inspires bomb threats in Russia

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Quick Take

  • Crypto terrorists sent a series of email bomb threats to 13 Russian metropolitan courts, demanding oligarch Konstantin Malofeev “repay the debt of 120 bitcoins stolen from WEX”

  • This new wave of terroristic threats emerges amid BBC journalist Andrey Zakharov’s investigation into the FSB’s and Malofeev’s alleged theft of around $450 million World Exchange Services (WEX) crypto assets from BTC-e admin Alexei Bilyuchenko

  • U.S. law enforcement’s dismantling of alleged crypto-laundromat BTC-e has triggered infighting among various factions in Russia, disrupting the country’s plan to exert international dominance in the blockchain space

Timothy Lloyd is a contributing writer for The Block. His work has also been featured in Thomson Reuters Regulatory Intelligence, the Organized Crime and Corruption Reporting Project, InSight Crime and the Wall Street Journal. He is based out of Austin, and he once played the Wu-Tang Clan’s RZA to a draw in Chess. In the […]
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