NEWS

Russian accused of Bitcoin fraud appeals extradition

TAGS: Crime, Justice

A Thessaloniki court on Wednesday approved a request by US authorities for the extradition of a Russian man suspected of using a bitcoin exchange to launder billions of dollars but the suspect appealed to the Supreme Court.

Alexander Vinnik is accused by of using BTC-e – a digital currency exchange – to launder more than 4 billion dollars of proceeds from computer hacking and drug trafficking.

Vinnik, who denies the charges, is also wanted in Russia on lesser fraud charges.

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