Crypto

BTC-E’s Alexander Vinnik Will be Extradited to France After all

It has been a while since an update on Alexander Vinnik was provided. The alleged operator of money laundering exchange BTC-E will seemingly be extradited after all.

This tug-of-war between different jurisdictions has been ongoing for some time now.

Bonjour, Alexander Vinnik

Vinnik was originally arrested in Greece, yet Russia demanded his extradition.

Not too long after, he was also on the wanted list of both the United States and France.

That latter country has now seemingly won the battle for extradition.

An earlier request by Russian official was officially rejected earlier this week.

Related Post

During the coming weeks, Vinnik will be moved to a holding facility in France.

As was somewhat to be expected, the alleged BTC-E operator doesn’t like this outlook at all.

As a result, he is now on a hunger strike to protest the decision, albeit to little avail. 

It is the second hunger strike by Vinnik since his arrest, yet the previous one came to an end after 100 days.

Ever since being arrested the individual still claims he has nothing to do with how BTC-E laundered millions in crime money. 

What kind of trial Vinnik will face, or which sentencing will be handed down, remains unclear at the time of writing. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

TRON Leads All Blockchains in November Fees as Perpetuals Trading Surges 271%

TRON ended November as the top blockchain by fees, extending its dominance in payment infrastructure…

23 hours ago

Prediction Markets Hit New All-Time Highs as November Volume Surges to $14.3B

Prediction markets just locked in another breakout month. November closed with $14.3 billion in total…

23 hours ago

Trust Wallet Launches Native Predictions: A New Era for On-Chain Betting

Trust Wallet is stepping into a completely new lane. The CZ-owned self-custody wallet has launched…

2 days ago

Kraken Acquires Backed to Supercharge Tokenized Equities as xStocks Enters Its Next Phase

Kraken has announced the acquisition of Backed, the tokenization platform behind some of the fastest-growing…

2 days ago

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live, Sparking Massive Buyer Rush

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live,…

3 days ago

Europe Takes Down Cryptomixer: A $1.4B Bitcoin Laundering Machine Falls After Eight Years

Europe just shut down one of crypto’s longest-running shadows. Germany and Switzerland, backed by Europol,…

3 days ago