The indictment details how Moucka and Binns accessed billions of sensitive customer records and extorted at least three victims for a total of 36 bitcoin, valued at approximately $2.5 million at the time of payment, over nearly a year from November 2023 to October 10 of this year. Moucka, residing in Canada, used online aliases such as "judische," "catist," "waif," and "cllyels," while Binns, based in Turkey, was known as "irdev" and "j_irdev1337." Moucka was arrested in Canada last week, and Binns had been previously detained in Turkey. In August, Binns claimed responsibility for the AT&T breach in an interview with The Wall Street Journal. Moucka, under the alias "Judische," expressed to 404 Media his anticipation of being arrested soon.
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According to Cointelegraph: Bitcoin (BTC) surged close to the $80,000 mark over the weekend, driven by low liquidity and aggressive buying, with BTC/USD gaining nearly $2,000 in just one hour on November 10. However, this sudden rally has sparked skepticism among traders, who warn that Bitcoin may be ripe for a “major leg down.”
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Cotar's comments highlight the growing interest and potential geopolitical implications of Bitcoin as a strategic asset. As digital currencies continue to gain traction globally, the actions of major economies like the United States could significantly influence the financial strategies of other countries. The notion of Bitcoin being used as a strategic reserve underscores its evolving role in the global financial landscape.
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