**Mudanjiang Hacker Sells About 1300 Bitcoins in the Past Week**

BlockBeats News, December 24th, according to Arkham analyst Emmett Gallic's monitoring, Aleksey Bilyuchenko, accused by the U.S. Department of Justice of being a certain exchange hacker, their related entity has deposited 1,300 BTC (worth approximately $114 million) into an unknown exchange platform in the past 7 days. The address cluster still holds 4,100 BTC (worth $360 million). They have sold a total of 2,300 BTC.

Public information shows that Aleksey Bilyuchenko has been involved since 2011 in operating a certain exchange with Alexander Vinnik, a notorious exchange implicated in global criminal money laundering activities including ransomware, identity theft, and drug trafficking. A certain exchange was shut down by law enforcement in 2017.

The U.S. Department of Justice accuses him and Aleksandr Verner of hacking a certain exchange (the world's largest Bitcoin exchange at the time) starting in 2011, stealing around 647,000 bitcoins (resulting in a certain exchange's bankruptcy). They are charged with money laundering conspiracy and using some of the stolen funds to operate a certain exchange.