Denis Mihaqlovic Dubnikov, an alleged Russian crypto money launderer arrested in the Netherlands and extradited to the U.S. last summer, pleaded guilty to a charge of "conspiracy to commit money laundering" on Tuesday.
A U.S. company paid a 250 bitcoin (BTC) ransom after being hit by Ryuk, and Dubnikov accepted 35 BTC in July 2019 from that attack. He converted the funds to USDT, which a co-conspirator allegedly then converted into renminbi.
The Russian national was originally arrested in November 2021 in the Netherlands, but was not extradited to the U.S. until August 2022, the DOJ release said.
The Ryuk ransomware virus hit more than 100 different government and private enterprises in the U.S. alone in 2019, and may have hit Tribune Publishing at the time.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.