Holland,accused of laundering cryptocurrencies Denis Mihaqlovic Dubnikovto the United States for a 5-day jury trial that will begin on October 4.
US Department of JusticeDenis Mihaqlovic, 29, reported that Dubinkov could face up to 20 years in prison if found guilty at the trial, which will begin on October 4.
Ryuk Could Be Imprisoned for Years if Crypto Launderer Convicted
The Justice Department cited court documents claiming that Dubnikov and his accomplices laundered payments from victims of the Ryuk ransomware attacks.
The Ministry of Justice said in a statement:
“After allegedly receiving ransom payments, the actors of Ryuk, Dubnikov, his associates, and others involved in the scheme allegedly engaged in various financial transactions with the ransom proceeds, including international financial transactions.”
Dubnikov allegedly laundered more than $400,000 in ransom proceeds from Ryuk (a ransomware targeting thousands of victims worldwide). The Ministry of Justice, on the other hand, claimed that “Those involved in the conspiracy laundered at least $70 million in ransom income.”
While several agencies were working on the case, the Justice Department’s International Affairs Office extradited Dubnikov and began coordinating work with the Department’s Ransomware and Digital Extortion Task Force, which was formed to combat digital extortion attacks. The FBI’s Portland Field Office is investigating the case.
