The post Australian Official Sold Cyber Tools for $1.26M in Crypto appeared on BitcoinEthereumNews.com. The U.S. Department of Justice officially accepted in OctoberThe post Australian Official Sold Cyber Tools for $1.26M in Crypto appeared on BitcoinEthereumNews.com. The U.S. Department of Justice officially accepted in October

Australian Official Sold Cyber Tools for $1.26M in Crypto

  • The U.S. Department of Justice officially accepted in October 2025 that Williams entered into various written contracts with the Russian broker.
  • As per the claims, Williams also shifted the crypto via anonymised transactions before cashing out and spent more than $715,000 on vacations. 

An official from Australia who was admitted guilty to selling sensitive cyber tools to a broker from Russia, and the payment was done in crypto under contracts guaranteeing millions more, making crypto the core of a case prosecutors claimed endangered Five Eyes intelligence abilities. 

Prosecutors claimed Peter Williams, a native of Australia, sold 8 safeguarded cyber-exploit components, adding zero-day capabilities, to a Russia-based broker known to do business with the government of Russia. 

The tools were made for use by the U.S. intelligence community and shared with Five Eyes partners. The intelligence alliance comprises the U.S., the UK, Canada, Australia and New Zealand. 

The U.S. Department of Justice officially accepted in October 2025 that Williams entered into various written contracts with the Russian broker and got over $1.26 million in crypto payments associated with the sales. 

The claimed doing is coming into the limelight for the first time as Williams, an ex-Australian Air Force staffer, prepares to be sentenced in Washington in the upcoming week, as per the report by the Cairns Post. 

The Penalty For The Accused 

A sentencing memo published earlier this month shows extra payments of up to $4 million guaranteed under current cooperation agreements. The memo also reveals that the companies involved have lost over $35 million, adding that Williams kept selling exploits through July 2025 even after he knew the FBI was investigating. 

As per the claims, Williams also shifted the crypto via anonymised transactions before cashing out and spent more than $715,000 on vacations, luxury cars, jewellery, and a $1.5 million down payment for a Washington property. 

Prosecutors are looking for a sentence of nine years in prison, $35 million in compulsory return, a fine of $250,000 and three years of supervised release. Prosecutions in the last few years reveal how crypto has come up in spying and national security cases. 

Highlighted Crypto News Today: 

Bybit EU Launches USDC and EURC Stablecoin Earn Campaigns Across Europe

Source: https://thenewscrypto.com/australian-official-sold-cyber-tools-for-1-26m-in-crypto/

Market Opportunity
CyberConnect Logo
CyberConnect Price(CYBER)
$0.57
$0.57$0.57
-0.03%
USD
CyberConnect (CYBER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Chairman of the U.S. Securities and Exchange Commission (SEC) shared progress in crypto regulation: how can innovative exemptions and tokenized securities frameworks provide a clear regulatory pat

The Chairman of the U.S. Securities and Exchange Commission (SEC) shared progress in crypto regulation: how can innovative exemptions and tokenized securities frameworks provide a clear regulatory pat

Author: Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC) Compiled by Wu Shuo Blockchain Aki This article is a transcript of a conversation
Share
PANews2026/02/20 23:30
Solar and Internet from Space: The Future of Global Connectivity and Energy Supply

Solar and Internet from Space: The Future of Global Connectivity and Energy Supply

Quiptik broke his promise to post weekly articles on HackerNoon. He was unable to access the internet and electricity in his home country for some reasons. Until we fix power and internet access, many voices will keep going unheard.
Share
Hackernoon2025/09/18 14:47
Bitcoin 8% Gains Already Make September 2025 Its Second Best

Bitcoin 8% Gains Already Make September 2025 Its Second Best

The post Bitcoin 8% Gains Already Make September 2025 Its Second Best appeared on BitcoinEthereumNews.com. Key points: Bitcoin is bucking seasonality trends by adding 8%, making this September its best since 2012. September 2025 would need to see 20% upside to become Bitcoin’s strongest ever. BTC price volatility is at levels rarely seen before in an unusual bull cycle. Bitcoin (BTC) has gained more this September than any year since 2012, a new bull market record. Historical price data from CoinGlass and BiTBO confirms that at 8%, Bitcoin’s September 2025 upside is its second-best ever. Bitcoin avoiding “Rektember” with 8% gains September is traditionally Bitcoin’s weakest month, with average losses of around 8%. BTC/USD monthly returns (screenshot). Source: CoinGlass This year, the stakes are high for BTC price seasonality, as historical patterns demand the next bull market peak and other risk assets set repeated new all-time highs. While both gold and the S&P 500 are in price discovery, BTC/USD has coiled throughout September after setting new highs of its own the month prior. Even at “just” 8%, however, this September’s performance is currently enough to make it Bitcoin’s strongest in 13 years. The only time that the ninth month of the year was more profitable for Bitcoin bulls was in 2012, when BTC/USD gained about 19.8%. Last year, upside topped out at 7.3%. BTC/USD monthly returns. Source: BiTBO BTC price volatility vanishes The figures underscore a highly unusual bull market peak year for Bitcoin. Related: BTC ‘pricing in’ what’s coming: 5 things to know in Bitcoin this week Unlike previous bull markets, BTC price volatility has died off in 2025, against the expectations of longtime market participants based on prior performance. CoinGlass data shows volatility dropping to levels not seen in over a decade, with a particularly sharp drop from April onward. Bitcoin historical volatility (screenshot). Source: CoinGlass Onchain analytics firm Glassnode, meanwhile, highlights the…
Share
BitcoinEthereumNews2025/09/18 11:09