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A U.S. Treasury Department bureau fined a Russian national and the overseas digital currency exchange he operated $12 million and $110 million respectively for knowingly laundering hundreds of millions of dollars for cybercriminals. Formally based in Bulgaria and incorporated in Cyprus, digital currency firm BTC-e processed "at least" 21,000 bitcoin transactions valued at more than $296 million and "tens of thousands" of other conversions on behalf of U.S. customers in the past six years, according to the department's Financial Crimes Enforcement Network, or FinCEN. However, the platform, which from 2011 to 2016 exchanged the equivalent of $9 billion in and...