Russia : Altered U.S. 2016 Election’s Using Digital Currencies.

As per a recent news published by BBC news channel,  the intelligence agents of Russia used crypto currencies to alter the election campaigns held in U.S. for year 2016. An illegal flow of money through bitcoin’s was reported by the federal indictment report today.

A team of arounf twelve hackers working for the GRU, Russia’s military intelligence, hacked into the Democratic National Committee and Democratic Congressional Campaign Committee, the indictment says. It also explains that they used the controversial cryptocurrency to hide their identities as they leased servers in the US and Malaysia, registered website domains through which they released hacked information, and bought virtual private networks (VPNs) that obscured their identity.

The hackers bought bitcoin in various ways, including through peer-to-peer exchanges, using pre-paid credit cards, and using other digital currencies, the indictment says. This allowed them to launder Kremlin money across the world, including by leasing servers in Illinois and Arizona. These servers stored the hacked information.

They also mined their own bitcoin, using that money in several ways, including to pay a Romanian company to set up the website via a payment processing company in the US, making it seem as if the site had been set up in America. They used the site to disseminate hacked information, falsely claiming that it had been set up by US hackers.

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