Russian Official Detained For Storing $24M Bitcoin Bribes In 'Pension Folder'
Portfolio Pulse from Mehab Qureshi
Russian official Marat Tambiev has been detained for receiving a $24 million bribe in Bitcoin (BTC) from hacker group Infraud Organization. Authorities discovered 1032.1 BTC in his Moscow apartment, and he is set to appear in court on June 5.
June 05, 2023 | 11:06 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Russian official detained for receiving $24M Bitcoin bribe, potentially impacting Bitcoin's reputation and price.
The news of a Russian official receiving a large bribe in Bitcoin may negatively impact the cryptocurrency's reputation, as it highlights its use in illegal activities. This could lead to increased scrutiny and potential regulatory actions, which may result in a short-term negative impact on Bitcoin's price.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50