Authorities in Poland have confirmed that the man who runs WEX, an exchange that reportedly went down with over $400M, has been arrested and awaits extradition.
The court backed a previous ruling handed down in December 2020, which found that Vinnik had been guilty of money laundering and had provided false information about the origins of funds to authorities.
Alexander Vinnik has been sentenced to five years in jail by a judge in France. The United States and Russia still want Vinnik extradited.
The present case is focusing on Alexander Vinnik’s alleged involvement in ransomware fraud to the tune of $159 million.
Alexander Vinnik was extradited to France, where he is accused of defrauding over 100 people between 2016 and 2018.
Prosecutors in Paris are petitioning to start the trial of digital currency money laundering suspect Alexander Vinnik.
Russia has requested the home detention of alleged fraudster Alexander Vinnik amid concerns over COVID-19.
The Russian Bitcoin scammer was extradited to France this week and faces charges of extortion and money laundering.
Trustee Nobuaki Kobayashi has asked the U.S. justice department to provide more details on its investigation into Alexander Vinnik, which ultimately led to BTC-e’s closure.
Alexander Vinnik and his company face serious charges, and he could spend the next 55 years in prison.