US Authorities arrested Alexander Vinnik, the Russian national connection to criminal money laundering and 2014 Mt Gox Hack Theft, and other scams. Vinnik, owner of BTC-e was charged with 17 counts of money laundering and two counts of engaging in unlawful monetary transactions. This arrest happened yesterday in Greece by the US SEC with the cooperation of Greecian Authorities.
"Federal prosecutors allege that BTC-e functioned as a clearing house for illicit funds sourced from "computer intrusions and hacking incidents, ransomware scams, identity theft schemes, corrupt public officials, and narcotics distribution rings."
SEC is imposing a $110 Millon fine on BTC-e, and if convicted, Vinnik could face up to 55 years in prison.
This clearly shows the US ability to reach out outside of it's waters and into International territories as they deem necessary...
Please share your thoughts...
Source: Coindesk
Source: https://www.coindesk.com/110-million-btc-e-fined-us-vows-crackdown-unregulated-exchanges/
See copy of indictment in link above
Pretty wild
I agree!
Cheers for sharing :)
Some shit, huhh...
This post received a 4.2% upvote from @randowhale thanks to @casanas1! For more information, click here!
This post has received a 1.45 % upvote from @booster thanks to: @casanas1.