THELOGICALINDIAN - A Greek cloister has disqualified in favor of extraditing the declared above abettor of BTCe Alexander Vinnik to the United States Vinnik was arrested by authorities backward July 2024 and stands accused of masterminding a 4 billion moneylaundering arena through the cryptocurrency barter BTCe
Also Read: BTC-E Rebrands to Wex Exchange — Claims to Be AML/KYC Compliant
Alexander Vinnik Will Face up to 55 Years in Prison If Extradited to the United States
The Russian is accused of accouterment money bed-making casework and facilitating a advanced ambit of crimes extending aback from 2011, including biologic trafficking and computer hacking. Vinnik denies accepting been the above abettor of BTC-e, instead claiming that he alone formed as a “technical consultant” for the cryptocurrency exchange. Vinnik is additionally accused of accepting profited from the Mt. Gox hack, with U.S. authorities claiming that Vinnik “obtained” funds that had been baseborn from Mt. Gox, afore bed-making them via BTC-e and Tradehill.
Russia has additionally submitted an displacement appeal for Vinnik, who there would be accountable to added allowing accuse of fraud. Although Alexander Vinnik additionally denies accusations of fraud, he has consented to Russia’s displacement request. A date has yet to be set for the academic audition of Russia’s displacement request. Vinnik is one of seven Russian nationals that accept been arrested or accusable for U.S. cybercrime accuse this year.
Vinnik and his attorneys accept appealed to the Greek Supreme Court, arguing that “insufficient indications, let abandoned evidence” had been presented adjoin Vinnik by the Thessaloniki cloister that disqualified in favor of extraditing the Russian. The advocate arch Vinnik’s defense, Alexandros Lykourezos, told media, “we achievement and apprehend a bigger outcome.” If the address is unsuccessful, Greece’s amends abbot will accept the final say apropos Vinnik’s future, as the Greek amends abbot has the ability to accept or block aggressive displacement requests for individuals approved in Greece. “We accept acceptance in the Greek amends arrangement and a continued alley advanced of us,” Xanthippi Moisidou, addition advocate arresting Vinnik told reporters.
Vinnik Was Arrested in a Coastal Village Located in Northern Greece During Late July
Following Vinnik’s arrest, BTC-e went offline, hosting a changeless advanced folio claiming that the website was beneath maintenance. The U.S. Department of Justice declared BTC-e as “one of the better entities in the acreage of cyberbanking money laundering.”
The arrest and consecutive access of BTC-e’s assets has brought into catechism how far the all-embracing jurisdiction of the United States extends with commendations to cybercrime. These accomplishments comprised the aboriginal instance of U.S. government agencies advancing a absolutely adopted barter on adopted soil. BTC-e reported that “on July 25… the FBI agents came to the abstracts center… and bedeviled all equipment, the servers independent databases and purses of our service,” in accession to fining the aggregation $110,003,314 USD. Amidst the chaos, abundant apparently innocent traders’ funds were bedeviled – including an Australian who absent $430,000 USD account of bitcoin as a aftereffect of the U.S. government’s seizures.
BTC-e has back rebranded to Wex.nz, and claims to accomplish in abounding acquiescence with Anti-Money Laundering and Know Your Customer laws and requirements.
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