Owner Of Russia's Largest BTC Exchange Arrested – Money May Be Lost

in cryptocurrency •  7 years ago  (edited)

The largest Russian cryptocurrency exchange, BTC-e, froze all transactions soon after the arrest one of its co-owners. BTC-e user funds may be lost.

Yesterday, July 25, Greek police arrested 38-year-old Russian citizen Alexander Vinnik, who turned out to be a co-owner of one of the largest and most popular Bitcoin exchanges in Russia. He was arrested in Thessaloniki, Greece, on a US warrant, on suspicion of laundering $4 Billion via Bitcoin transactions. According to a report by Bits.media, the BTC-e exchange had gone offline sometime Tuesday morning, July 26, and remains unavailable. The first message from the team of BTC-e stating that the exchange is offline due to "unscheduled technical work" appeared on its official Twitter page one hour later.
https://coinidol.com/owner-of-btc-e-arrested/

Russian National And Bitcoin Exchange Charged In 21-Count Indictment For Operating Alleged International Money Laundering Scheme And Allegedly Laundering Funds From Hack Of Mt. Gox

Department of Justice
U.S. Attorney’s Office
Northern District of California

https://www.justice.gov/usao-ndca/pr/russian-national-and-bitcoin-exchange-charged-21-count-indictment-operating-alleged

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A correction: he is suspected of laundering $4 billion, not $4 million.

  ·  7 years ago (edited)

Thank you for spotting. It was just "copy and paste" on my part...

Hey Srezz,

I am one of the many who followed you from cryptocompare to steemit! Thanks for continuing to provide the best insights and technical analysis.

You are welcome.

And also me... привет