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 prosecutors say endangered Five Eyes intelligence capabilities.
Prosecutors alleged Peter Williams, an Australian national and U.S. resident, sold eight protected cyber-exploit components, including zero-day capabilities, to a Russia-based…
