BTC-e’s Vinnik Case Drags on as New Accusations Continue Emerging By Cointelegraph

BTC-e’s Vinnik Case Drags on as New Accusations Continue Emerging

On July 25, 2019, United States prosecutors filed a complaint against the defunct cryptocurrency exchange BTC-e and its alleged former operator, Alexander Vinnik. The indictment was filed nearly 24 months after Vinnik was arrested in Greece while on holiday with his family and has followed numerous extradition requests from the U.S., France and Russia that have seen Vinnik’s case appear to morph from an investigation into alleged money laundering to a tug-of-war over a strategic intelligence asset between the U.S. and Russia.

On July 26, 2017, the U.S. Department of Justice (DOJ) announced that Vinnik had been arrested two days prior in Greece for allegedly taking part in the operations of the shadowy cryptocurrency exchange BTC-e. The Russian citizen, who is now 39 years old, was described as the mastermind behind an international money-laundering scheme that had processed over $4 billion worth of capital flows, including approximately 300,000 Bitcoins (BTC) that had been stolen from now-defunct crypto exchange Mt.Gox.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed…

Source Link