BTC-e Investigation News Was the Result of a Page Hack

Jayanand Sagar | February 4, 2014 | 9:30 am

BTC-e Investigation News Was the Result of a Page Hack

Jayanand Sagar | February 4, 2014 | 9:30 am

Russia Map Symbol

On Monday it was reported that Bulgaria-based digital currency exchange BTC-e was under investigation in Russia for allegedly breaking a number of laws.

As it turns out, the story was untrue. The update comes from the Volgograd prosecutor’s office, who reports that the initial report was the result of a website hacking.

04.02.2014
Note to editors

On the prosecutor’s Volgograd Region is hacking. As a result, it was posted on the website the news that a criminal case against Internet resources, untrue. Prior to resolve technical issues, please check the authenticity of the news in the press service of the Prosecutor of the Volgograd region on the phone 4/21/31.

There could be a number of reasons that this was done by malicious hackers, and perhaps the one that stands out most is an attempt to drive down the price. Seems bitcoin is a bit more resilient than they may have hoped. (via VolgoProc)

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