Accused BTC-e operator Alexander Vinnik has reportedly been extradited to America to deal with up to several charges relating to cash laundering while operating at the now-defunct cryptocurrency exchange.
Vinnik has actually been involved in legal fights over the previous 5 years for his supposed function as the mastermind of BTC-e. The cryptocurrency exchange is stated to have actually made money from different illegal activities that utilized the platform to wash some $4 billion worth of Bitcoin (BTC).
Vinnik’s legal representative Frédéric Bélot informed American news network CNN on Aug. 5 that Vinnik remained in transit from Greece to the United States, where he’s set to deal with a raft of charges in the Northern District Court of California. The Russian nationwide is implicated of cash laundering and running an unlicensed cash service in America, in addition to other charges.
The implicated has actually currently been serving a five-year sentence in France considering that December 2020 after he was founded guilty for cash laundering as part of an arranged criminal group. Vinnik’s attorneys had actually released an appeal that was not successful, preserving that Vinnik was simply a worker of the exchange and had no participation in illegal activities at BTC-e.
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Vinnik was initially jailed in Greece while on vacation in 2017, with America, France and Russia tussling for his extradition from that point onwards. Greece’s Council of State chose to extradite Vinnik to France in early 2020, in spite of various efforts by Russia to demand his transit to their jurisdiction.
As formerly reported by Cointelegraph, Vinnik had actually concurred to an extradition demand from Russia, considered that he dealt with far less major charges. In contrast, Vinnik deals with up to 55 years in jail in America with 21 counts of unlicensed cash service company, cash laundering and associated criminal activities submitted by the Department of Justice.