Russian Crypto Criminal Admits Money Laundering and Fraud

According to Russian media, the alleged BTC-e mastermind Alexander Vinnik has confessed to charges of fraud and money laundering on May 24, 2018. Reports reveal a signed document details that Vinnik admits to committing financial fraud between 2011-2017 through the now-defunct BTC-e cryptocurrency exchange.

Alleged BTC-e Co-owner Transferred to Prison in Athens

According to Alexander Vinnik’s lawyer Timofei Musatov, Mr. Vinnik has been transferred from Saloniki to Athens due to the forthcoming court session in Greece’s court of justice scheduled on November 15th.