Bitcoin Exchange Operator Arrested for Criminal Corroboration


A Russian man was recently detained by Greek police on charges of laundering more than $4 billion in bitcoin. He allegedly was aiding criminals involved in hacking attacks, tax fraud, and drug trafficking. 38 year old Alexander Vinnik has been indicted by a United States jury and is one of the operators of BTC-e, a popular Bitcoin exchange. Since his arrest, the site has been offline under the claims of being under maintenance.

His arrest is the most recent in a series of international investigations against cybercriminals in Europe. This follows the shutdown of two of the most popular illegal marketplaces on the Darknet, AlphaBay and Hansa. Vinnik faces charges of operations of an unlicensed money service business, money laundering, conspiracy to commit money laundering, and engaging in unlawful monetary transactions. With all the recent strikes by law enforcement against illegal activity on the darknet, it will be interesting to see the fallout in coming months. When will international law enforcement strike next? Will criminals on the darknet strike back? There is sure to be another development in the near future. To read the original article, click here.


Leave a Reply

Your email address will not be published. Required fields are marked *