Former Microsoft Engineer To Serve 9 Years In Prison In A Case That Involves Use Of Bitcoin Mixers

THELOGICALINDIAN - A US cloister in Seattle has bedevilled a above Microsoft architect to 9 years in bastille afterwards award him accusable of 18 federal felonies apropos to his busy arrangement to bamboozle the tech behemothic 10 actor In casual the acumen the cloister blasts Volodymyr Kvashuk a software architect and aborigine of Ukraine for attempting to affectation agenda affirmation through the use of bitcoin mixers and the actionable use of accounts and passwords of adolescent advisers to aid this scheme

Sophisticated case

According to cloister records, Kvashuk, a aborigine of Ukraine, had been bedevilled in February 2024 on several counts of wire fraud, money laundering, character annexation as able-bodied the filing of apocryphal tax returns.

In his acknowledgment to the sentencing, U.S. Attorney Brian T Moran pays admiration to “law administration ally and the U.S. Attorney’s Office” for prevailing in the case that “required sophisticated, abstruse abilities to investigate and prosecute.” Commenting on the severity of the punishment, the U.S. Attorney says:

“Stealing from your employer is bad enough, but burglary and authoritative it arise that your colleagues are to accusation widens the accident above dollars and cents.”

According to abstracts filed with the court, Kvashuk, who was complex in the testing of Microsoft’s online retail sales platform, is accused of “using that testing admission to abduct ‘currency stored value’ (CSV) such as agenda allowance cards.”

Lavish lifestyle

Using gain from the allowance agenda sales, Kvashuk “purchased a $1.6 actor dollar beach home and a $160,000 Tesla vehicle.” As the thefts escalated, Kvashuk started “using analysis email accounts associated with added employees” to awning his tracks. The certificate adds:

Meanwhile, in their sentencing memo, the prosecutors pan Kvashuk for the audacious acts which “cast added Microsoft advisers beneath the blaze of suspicion.” They additionally allege Kvashuk of declining to booty albatross afterwards he told the cloister a “series of abandoned lies” while declining to appearance “any anguish or affliction for his crimes.”

As allotment of his punishment, Kvashuk “was ordered to pay $8,344,586 in restitution” while he faces the achievability of actuality “deported afterward his bastille term.”

What are your thoughts on Kvashuk’s confidence and sentencing? Share your angle in the comments area below.

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