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US Extradites Russian Accused of Crypto Laundering

Alexander Vinnik Makes First Apperance in US Federal Court Prajeet Nair (@prajeetspeaks) • August 5, 2022

Alexander Vinnik at the Supreme Court, Athens, Greece on Nov. 15, 2017. (Source: Shutterstock)

A Russian national accused of running a cryptocurrency exchange used to launder proceeds from hacking made his first appearance before San Francisco federal court today.

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The United States extradited Alexander Vinnik, 42, from Greece after France returned him there Thursday for court proceedings. A Paris court sentenced Vinnik in December 2020 to a five year sentence for money laundering. Greek authorities first arrested Vinnik in 2017 at the behest of the United States (see: Greece Will Send Russian Cybercrime Suspect to France).

Vinnik, who allegedly founded now-defunct crypto exchange BTC-e in 2011, faces up to 55 years imprisonment under U.S. law for a raft of charges ...

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