The operator of a Bulgarian cryptocurrency exchange BTC-e has been extradited from Greece to the United States, where he faces charges of operating an unlicensed money service business and money laundering.
Russian national Alexander Vinnik co-operated the BTC-e exchange, responsible for laundering over $4 billion in criminal funds. The U.S. Justice Department’s Office for International Affairs and the Government of Greece made the extradition from Greece possible.
Criminal activity and enforcement actions have shaken the crypto industry in recent weeks. Coinbase has been the subject of a probe by the Securities and Exchange Commission for allegedly selling unregistered securities, while one former employee has been charged with insider trading. Several investors have filed a lawsuit against the exchange, seeking to recover damages from the exchange’s offering of unregistered securities.
On Aug.1, 2022, the Securities and Exchange Commission civilly charged eleven individuals with...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...