A Russian government official, Marat Tambiev, allegedly collected $28 million in Bitcoin bribes from a hacker group he was investigating. 

Local media Kommersant first reported the incident and described it as the country’s most significant single bribery case.

Over 1,000 BTC in Bribes

Prosecutors first caught wind of the Bitcoin bribes when investigating a criminal allegation of corruption against him. They found that he is the owner of 1,032.1 BTC.

According to investigations, Mr. Tambiev got the cryptocurrency on April 7, 2022, from Infraud Organization Mark hacker group members. At the time, he was investigating members of the group. He got paid in exchange for not seizing their assets.

Tambiev is the head of an investigative department for the Committee for the Tver district of Moscow and received these funds from hackers while in that role. His corruption led to the termination of his employment.

Russians Crypto Usage on the Ascendancy

Russia is one of the many countries actively considering crypto regulation amid its growing adoption rate and usage.

The country recently canceled plans to establish a national crypto exchange and would instead focus on regulating such platforms. The Head of the State Duma Committee on the financial market, Anatoly Aksakov, noted that the country would formulate rules to establish such crypto exchanges.

One of the largest banks in Russia, Rosbank, recently completed cross-border transactions in cryptocurrency. This follows the Russian central bank’s attempt to allow crypto’s use for international settlements. Russia has leaned towards crypto since Western countries heavily Go to Source to See Full Article
Author: Oluwapelumi Adejumo

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