Alleged BTC-E Founder Still Not Extradited Despite $4bln Laundering Charges
Accusations of Severe Crimes
The initial indictment alleged that Vinnik committed multiple felony counts. Chief Don Fort, IRS Criminal Investigation, claimed in 2017 that “Mr. Vinnik is alleged to have committed and facilitated a wide range of crimes that go far beyond the lack of regulation of the bitcoin exchange he operated. Through his actions, it is alleged that he stole identities, facilitated drug trafficking, and helped to launder criminal proceeds from syndicates around the world.”
Possible associates of Vinnik have since tried to reopen BTC-e under the name of WEX and honor previous user balances. The new exchange has since shut down in 2018 for insolvency.
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