Judge Orders Trial in France for Alleged BTC Launderer Alexander Vinnik

Decide Orders Trial in France for Alleged BTC Launderer Alexander Vinnik

Additionally awaiting prices in america and Russia, suspected Bitcoin cash launderer Alexander Vinnik may very well be dealing with a trial in France first.

In accordance with information company Agence France-Presse (AFP), a Paris decide has ordered the Russian nationwide to face trial for extortion, cash laundering, prison affiliation, and fraudulently accessing and modifying information in information processing programs. 

The AFP acknowledged French authorities have accused Vinnik of defrauding greater than 100 individuals out of $160 million between 2016 and 2018.

Vinnik, also referred to as “Mr. Bitcoin,” is accused of laundering 300,000 Bitcoin (BTC) — roughly $3.four billion at press time — over the course of six years by means of crypto trade BTC-e. He was arrested throughout a trip to Greece in 2017 on an indictment from america and subsequently extradited to France in January.

Three-way tug-of-war

A Russian nationwide, Vinnik beforehand requested he be extradited to his house nation, the place he would reportedly face lesser prices involving defrauding victims out of $11,000.

After his trial in France concludes, Vinnik may very well be returned to Greece to face extradition to america, the place authorities reportedly wish to query him concerning his connection to the notorious hack of Mt. Gox. Among the Bitcoin from BTC-e might have come from the now defunct Japanese crypto trade.