Alexei Bilyuchenko claims that he was forced to hand over sensitive info to the FSB which they used to take over $450M in user funds at WEX.
Dmitri Vasilev has reportedly been arrested for suspicious crypto activity that has happened for years now.
WEX has been linked to funds received in connection with Iranian ransomware, in the latest example of illicit activity being linked to the crypto exchange.
According to reports, the directors at Wex allegedly registered their internet address using fake contact details. For this reason, the New Zealand Domain Name Commission (DNC) revoked the wex.nz domain.