2018-7-14 06:58 |
Using bitcoin allowed Russian hackers to ‘avoid direct relationships with traditional financial institutions,’ the indictment said.
Photo:
justin tallis/Agence France-Presse/Getty Images
By
Gabriel T. Rubin
Gabriel T. Rubin
The Wall Street Journal
Biography
@Rubinations
July 13, 2018 5:38 p.m.
They used bitcoin to purchase computer servers, register website domains and pay for other unspecified hacking activities.
Still, since all bitcoin transactions are recorded on the blockchain—the distributed ledger technology that provides the backbone for the cryptocurrency system—U.S.
“On occasion, the conspirators facilitated bitcoin payments using the same computers that they used to conduct their hacking activity,” the indictment said.