US to release Russian Alexander Vinnik as part of exchange that freed Fogel - New York Times

Alexander Vinnik, a 38 year old Russian man suspected of running a money laundering operation using bitcoin, is escorted by police officers while leaving a court in Thessaloniki
FILE PHOTO: Alexander Vinnik, a 38 year old Russian man suspected of running a money laundering operation using bitcoin, is escorted by police officers while leaving a court in Thessaloniki, Greece, October 4, 2017. REUTERS/Alexandros Avramidis/File Photo
Source: X03131

The United States will release Russian Alexander Vinnik, a suspected cybercrime kingpin, as part of an exchange with Russia that freed Marc Fogel, the New York Times reported on Wednesday.

Vinnik operated BTC-e, once one of the world's largest cryptocurrency exchanges. He was arrested in 2017 and detained at Washington's request on suspicion of laundering $4 billion through the exchange. In May, he pleaded guilty to conspiracy to commit money laundering and faced 20 years in prison.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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