Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France

Russian Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to FranceAlexander Vinnik, the Russian-born IT specialist who spent over two years in detention in Greece, where he was arrested on a U.S. warrant, is now in Paris. The alleged BTC-e operator, suspected of laundering at least $4 billion through the now defunct crypto exchange, has been handed over to France after the Greek judiciary turned […]

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Greek Court Suspends Decision to Extradite Alexander Vinnik

Greek Court Suspends Decision to Extradite Alexander VinnikThe Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through the now defunct cryptocurrency exchange, started a new hunger strike last […]

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

TheMerkle_Kim Dotcom Extradition USIt 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. During the coming weeks, Vinnik will

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Trump Administration Looks to Make an Example out of BTC-E

TheMerkle Mark lewis Facebook LawsuitLawsuits have become increasingly common in the cryptocurrency world over the past few years. Given the number of scams, hacks, and shady businesses going around, that shouldn’t come as too much of a surprise. BTC-E, one of the more notorious platforms in history, is now facing a $100m lawsuit courtesy of the Trump administration.  Another Chapter in the BTC-E History Most cryptocurrency enthusiasts will be rather familiar with the BTC-E exchange and its history to date. It once was a big Bitcoin trading platform, albeit it seems the company was run into the ground by shady operators who tried to

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Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes

Bitcoin's Big Price Drop Reminds Traders of the Long History of Flash CrashesOn Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when […]

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