US extradition approved for Russian $4bn bitcoin crime suspect
14 Dec 2017

Greece‘s Supreme court cleared the way on Wednesday for the extradition to the United States of a Russian man, also wanted in Moscow, suspected of having laundered billions of dollars in the digital currency bitcoin.

A final decision on where Alexander Vinnik is extradited to now lies with the Greek justice minister, who steps in to resolve competing requests.

Vinnik, the alleged mastermind of a $4 billion bitcoin laundering ring, is one of seven Russians arrested or indicted worldwide this year, on U.S. cybercrime charges.

U.S. authorities accuse him of running BTC-e — a digital currency exchange used to trade bitcoin — to facilitate crimes ranging from computer hacking to drug trafficking since 2011.

Count reading this article to your CPD minutes, by signing up to our CPD Wallet

FREE CPD Wallet

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.