Vinnik trial for extortion and Bitcoin money laundering begins in Paris
The Russian national linked to the laundering of $4 billion of Bitcoin stolen during the Mt. Gox hack is finally in court. The trial of the alleged launderer of $4 billion worth of Bitcoin (BTC), Alexander Vinnik, got underway in Paris on Oct 19.However, despite reported links to the 300,000 BTC hack of Mt. Gox in 2014, prosecutors are focusing on a €135 million ($159 million) ransomware fraud targeting French businesses and organizations between 2016 and 2018.According to AP News, Russian national Vinnik is being charged with extortion, money laundering and criminal association after 20....
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Years after his initial arrest, Vinnik has finally been sentenced. After years of extradition debates, Bitcoin (BTC) launderer Alexander Vinnik has finally been sentenced by a French court.According to a Dec. 7 report by Novaya Gazeta, Vinnik has been sentenced to five years in prison for "money laundering as part of an organized criminal group and providing false information about the origin of the proceeds" in addition to a fine of 100,000 euro ($121,000).According to the BBC, the court partially dropped charges related to the ransomware known as Locky. At publishing time, online reports....
A court of appeals in France has upheld the verdict in the case against BTC-e operator Alexander Vinnik. His lawyers vowed to continue the legal struggle against Vinnik’s return to Greece in order to avoid a likely extradition to the U.S. Court Confirms Vinnik’s 5-year Sentence for Money Laundering The Court of Appeals of Paris has confirmed the first instance decision in Alexander Vinnik’s trial, Russian media reported. In late 2020, the IT specialist, and alleged cybercriminal, was sentenced to five years in prison for money laundering. Vinnik’s defense team now....
Alexander Vinnik, an alleged BTC-e operator, was found guilty of money laundering in France and sentenced to five years in prison.
Lawyers of the alleged $4 billion Bitcoin launderer appeal to the court, arguing that Alexander Vinnik was just an employee at BTC-e. The defense team of Alexander Vinnik, an alleged Bitcoin launderer who was sentenced to a five-year prison term, disagrees with the court’s decision.According to a Dec. 18 report by Russian news agency Kommersant, Vinnik’s attorney Frederic Belot has appealed the French court’s judgement, arguing that the defendant was not involved in any money laundering operations.Citing a Dec. 6 judgement charging Vinnik for “money laundering as part of an organized....
Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Russian, accused of large-scale money laundering through the now-defunct trading platform, and other crimes, rejects U.S. charges.
Alexander Vinnik Remains in California Prison, Russian Embassy Offers Help
Authorities in the United States have effectively denied release on bail for the IT specialist Alexander Vinnik, Russian media reported, quoting his record on the....