Mastermind Of $4 Billion Bitcoin-Laundering Operation Will Be Extradited To US

in bitcoin •  7 years ago  (edited)

Content adapted from this Zerohedge.com article : Source


Greece's Supreme Court has rejected an appeal by Russian national Aleksandr Vinnik, the purported mastermind of what US authorities have described as a $4 billion bitcoin money laundering operation, to avoid extradition to the US, where he has been indicted – along with his former company, mysterious digital currency exchange BTC-e – on nearly two dozen felony counts, including fraud and money laundering.

Russia, where Vinnik is accused of stealing 600,000 rubles ($10,500) from an unidentified entity "using... deception and the internet," also requested extradition. The competing request had earlier been approved by another court ruling, but the final decision on the matter will be made by the Greek Minister of Justice.

Greek ruling to extradite Russian Bitcoin expert to US violates int'l law – Moscow https://t.co/2nheAct8t3

— RT (@RT_com) October 6, 2017

Russia criticized the court's first decision as unjust and illegal, saying that its request "takes precedence [over another country's] as Vinnik is a citizen of the Russian Federation."

"The Supreme Court's decision was expected, it is a decision on an appeal on the same decision of the Thessaloniki court. There are more opportunities for legal work which will be carried out now," Vinnik's lawyer, Timofey Musatov, said on Wednesday, according to Russia Today.

The Thessaloniki court ruling in favor of the US was politically motivated, Musatov told RT.

He warned that the suspect's eventual extradition would mean that "any citizen in the world could be arrested at any second on false accusations, in which there are no facts, but only assumptions."

In July, Vinnik was arrested in the resort area of Halkidiki, near the city of Thessaloniki in northern Greece. It was claimed that he had links to BTC-E digital currency trading and exchange platform, which he allegedly used for money laundering. The US also claims that the suspect is behind the hack of Mt. Gox, the Japan-based bitcoin exchange.

Vinnik, who allegedly oerated BTC-e since its inception in 2011, was accused of helping the perpetrators of the 2014 theft of customer bitcoins from Mt. Gox, along with a slate of other crimes.


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The US Government has no regard for the law. In fact, it is the opposites, it makes up the rules as it goes along. It is the right hand of the banking establishment meaning that anyone who crosses paths with them is attacked with arrest, regulation, or seizure.

For this reason, we need freedom providing devices like blockchain and crypto to unleash the chains. The banking system is behind it all with their fiat money that only they control. The more people start to realize there is freedom in crypto, the better off the world will be.

STEEM is a prime example of that. We have the opportunity to create an monetary stream that will change the lives of most people on here. This is crucial and a point that needs to be driven home.

US officials have made a statement in the statement of Jeans Department as an operator of BTCA, an exchange for making digital currency bitcane since 2010. Which he uses for smuggling more than $ 4 billion for people involved in drug trafficking from computer hacking. Alexander Vinnik was inactive on weekday in an exceedingly tiny beach beach in northern Balkan state, consistent with native authorities, after an investigation led by the United States Department of Justice, along with several other agency agencies and task force. The United States does not follow the appropriate protocol for protecting against its strong "Bitcoin" $ 4 billion "received" and "money laundering and other crimes.

US is soncorrupted that nothing can surprise me, even Trump did not come as a surprise. The land of the "free"

There is no logic for Vinnik to be shipped to USA, he is a Russian citizen.
This is a purely political decision by the Greek court, money laundering and crime is much more than 4 billion for which Vinnik is charged.
Bitcoin and other currencies are used by many to wash their dirty money. There are at least 30% of dirty dollars washing through crypts.
This is a world where power is shared instead of justice. I'm not saying that Vinnik is not guilty, I say that crime should be prevented on a global level.

Lol. This case is one of 10000 cases. We should not forget the "Silk road" in the dark web operated only with btc. 4bn is not that much money compared to casinos and the amounts they are loundering.

Ah, I see. So, it's because of this jerk (and others like him) why exchanges such as CoinBase and Gemini need three forms of ID, a retina scan, your blood type and eighteen weeks worth of "Verification Processes" to use them with fiat "to make sure your not laundering money".

If only Bitcoin ATMs had more altcoins and cheaper fees....

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Greece's Supreme Court has rejected an appeal by Russian national Aleksandr Vinnik, the purported mastermind of what US authorities have described as a $4 billion bitcoin money laundering operation, to avoid extradition to the US, where he has been indicted – along with his former company, mysterious digital currency exchange BTC-e – on nearly two dozen felony counts, including fraud and money laundering.

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