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Home BlockchainAustralian Executive Accused of Selling Cyber Secrets to Russia for Crypto
Blockchain

Australian Executive Accused of Selling Cyber Secrets to Russia for Crypto

by Decrypt
written by Decrypt 0 comments
Australian Executive Accused of Selling Cyber Secrets to Russia for Crypto

In brief

  • Peter Williams admitted to two counts of theft of trade secrets in Washington.
  • Prosecutors say he received about $1.26 million in crypto over three years, later spending it on luxury items and a property.
  • Prosecutors are seeking a nine-year prison sentence and at least $35 million in restitution.

An Australian executive who pleaded guilty to selling sensitive cyber tools to a Russian broker was paid in crypto under contracts promising millions more, placing crypto at the center of a case…

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