The Department of Justice (DOJ) of the Philippines has charged two Russian citizens with stealing 340 million Philippine pesos ($6.20 million) worth of XRP cryptocurrency from a local cryptocurrency exchange. The suspects allegedly hacked into Coins.ph system to commit the theft. According to the charges filed with the Taguig Regional Trial Court, the defendants Vladimir Evgenevich Avbeyv and Sergey Yaschuck will face charges under Republic Act No. 10175, Cybercrime Prevention Act of 2012.