Recently, the Russian government’s website was hacked. The Hackers created a phony Bitcoin (BTC) scheme, which they continued to promote despite repeated takedowns.
According to Izvestia, a local Russian news portal, an unknown group of hackers began promoting the Free Bitcoin Giveaway plan on the Ryazan administration’s website.
Hackers had objected to the scheme’s offer of 0.025 BTC to anyone who installed the aforementioned program on their device. Additionally, the hackers added in the re-post that five lucky winners will be entered to win an additional $1,000. As of today, all messages, including the second post, have been removed.
The Russian government establishes traceability mechanisms in order to de-anonymize Hackers
The Russian government has stepped up its campaign on any crypto-related criminal activity in the country. Last month, Russia’s Federal Financial Monitoring Service in Moscow, known as Rosfinmonitoring, launched the latest cryptocurrency tracking system. This will allow for a deeper analysis of traders’ behavior and movements in order to deanonymize them.
According to Rosfinmonitoring, the tracking system is primarily focused on identifying and disrupting money laundering and terrorist funding rings operating in Russia. According to Moscow business daily RBK, the tracking system is wired to follow bitcoin chains and evaluate behavior, enabling the agency to compile a database of cryptocurrency wallets related to unlawful acts and terrorist financing. According to Yefim Kazantsev, a Moscow Digital School expert, the tracing system proposed by Rosfinmonitoring will be focused on de-anonymizing users in order to uncover scammers using blockchains.
Disagreement between the US and Russia about Allegedly “Russian” Hackers
Russia already has a negative global reputation as a result of large cyber-attacks on the US by ransomware gangs claiming to be “Russian.” REvil, a ‘Russian’ hacking gang, apparently gained access to a US institutional database and demanded $70 million in Bitcoin (BTC) in exchange for the universal decryption key. Over 200 businesses in the United States and hundreds more worldwide have been compromised in the current breach. According to rumors, these hacking outfits are funded by the Russian government, which has damaged relations between the US and Russia.
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