Category Archives: election

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Bitcoin Used by Russia To Hack 2016 US Elections, New Indictment Reveals

A 29-page Indictment has been released recently, stating Bitcoin’s huge role when it came to Russian interference in the 2016  US presidential elections.

The documents accuse 12 Russian agents of hacking into Democratic Congressional Campaign Committee’s computers and stealing information of over 500,000 voters. Aides close to Hillary Clinton were then tricked into handing over this information by the Russian intelligence officers.

11 of the 12 accused are being charged with breaking into computers and releasing documents with the intent of influencing the last presidential election. The 12th was charged with conspiring to penetrate organizations that directly handled the elections.

“…had multiple units, including Units 26165 and 74455, engage in cyber operations that involve stage releases of document stolen through computer intrusions. These units conducted large-scale cyber operations to interfere with the 2016 US presidential election.”

Bitcoin was mentioned extensively in count 10 (Conspiracy to Launder Money). Money was required for the Russian operatives to acquire infrastructure needed for later actions.

More than $95,000 was laundered through Bitcoin, which was then used to buy servers, register domains, and other online payments. The documents state other currencies like the USD was used as well, but it seems Bitcoin was used primarily due to the enhanced levels of privacy it affords over other payment methods.

Some of the funds were also used to purchase computing hardware to mine Bitcoin, to help supplement their income for hacking activities. Bitcoin mined by the GRU (Main Intelligence Directorate of the General Staff) were used to purchase the domain dcleaks.com through a Romanian company.

Besides the purchase of the domain and hardware to mine Bitcoin, other notable purchases described in the pages was a VPN to log into the @Guccifer_2 Twitter account, a Malaysian server to host the dcleaks domain, as well as the leasing of another server for X-Tunnel malware injected into DCCC and DNC networks.

An additional two servers were also acquired to hack in the DNC’s cloud network.

The effects this will have on a meeting between the two presidents planned for next week are yet to be determined. Trump and Putin are scheduled to meet Monday in Helsinki, and nothing has changed despite the emergence of this indictment.

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McAfee’s Bid For POTUS Race Stirs Crypto Community

Hundreds of cryptocurrency enthusiasts have reacted to John McAfee’s Sunday night Twitter announcement of his intention to run for the US presidential elections in 2020. The Tweet has currently generated almost 800 comments, generally positive, and over 5,800 likes.

In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I believe this will best serve the crypto community by providing the ultimate campaign platform for us.

— John McAfee (@officialmcafee) June 3, 2018

In 2016, he was nominated for the Whitehouse race by the Libertarian party. He lost to Garry Johnson; the New Mexico governor.

In his Sunday message on Twitter, McAfee openly expressed his love for the cryptocurrencies, saying he aims at serving the crypto community if he is elected as the president of the United States.

While some criticized the decision, many applauded him for his decision. A quick scan of the twitter comments indicated that many within Twitter would back him for the upcoming election.

The self-styled ‘Crypto Dad’ has a recognized influence within the crypto community, with past analysis showing that a single tweet from John McAfee has managed to move markets. Thus, the hypothesis that crypto fans will vote for him because of his apparent interest for cryptocurrency over fiat money seemingly holds true.

Although it would appear unlikely for McAfee to ever be American president, he might improve his chances if he uses his crypto-campaign strategy well. His 2016 campaign strategy was quite argumentative, using the premise of “a paradigm shift” with a manifesto based on free trade and acceptance of the use of cannabis.

Now, he has identified cryptocurrency and its growing community as a unique ticket to the upcoming election. His campaign focus for the 2020 presidential race will be mostly about cryptocurrencies, which have a growing community. McAfee seems to have his facts right, and if Americans begin to favor Bitcoin, a people network strategy could work in his favor.

 

Image Source: Wikimedia Commons – NullSession

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Index To Candidates For Bitcoin Foundation Board Election (Individual Seat)

Index To Candidates For Bitcoin Foundation Board Election (Individual Seat):

Ruben Alexander (@BitcoinBash) created a transcript of the interviews published in a LetsTalkBitcoin podcast (@LetsTalkBitcoin) for those voting for candidates for the Individual Seat of Bitcoin Foundation board election.

 – http://bitcoinmagazine.com/6823
 – https://bitcoinfoundation.org/blog/?p=226
 – http://bitcointalk.org/index.php?topic=255136.0 (Further discussion of the election)

Voting in the election runs until 11:59 pm PDT, September 08, 2013. A link that enables voting was sent to Bitcoin Foundation members via e-mail.

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