Accused BTC-e operator Alexander Vinnik has reportedly been extradited to America to withstand a number of expenses regarding cash laundering whereas working on the now-defunct cryptocurrency change.
Vinnik has been embroiled in authorized battles over the previous 5 years for his alleged position because the mastermind of BTC-e. The cryptocurrency change is alleged to have profited from varied illicit actions that used the platform to launder some $4 billion price of Bitcoin (BTC).
Vinnik’s lawyer Frédéric Bélot instructed American information community CNN on Aug. 5 that Vinnik was in transit from Greece to the US, the place he’s set to face a raft of expenses within the Northern District Courtroom of California. The Russian nationwide is accused of cash laundering and working an unlicensed cash service in America, along with different expenses.
The accused has already been serving a five-year sentence in France since December 2020 after he was convicted for cash laundering as a part of an organized felony group. Vinnik’s attorneys had launched an enchantment that was unsuccessful, sustaining that Vinnik was simply an worker of the change and had no involvement in illicit actions at BTC-e.
Associated: A life after crime: What occurs to crypto seized in felony investigations?
Vinnik was initially arrested in Greece whereas on vacation in 2017, with America, France and Russia tussling for his extradition from that time onwards. Greece’s Council of State opted to extradite Vinnik to France in early 2020, regardless of quite a few makes an attempt by Russia to request his transit to their jurisdiction.
As beforehand reported by Cointelegraph, Vinnik had agreed to an extradition request from Russia, on condition that he confronted far much less critical expenses. In distinction, Vinnik faces as much as 55 years in jail in America with 21 counts of unlicensed cash service enterprise, cash laundering and associated crimes filed by the Division of Justice.
