Bitcoin (BTC) laundry trial in France: Alexander Vinnik

The suspected Bitcoin money launderer Alexander Vinnik, who is also awaiting trial in the United States and Russia, could first be brought to justice in France. According to the Agence France-Presse (AFP) news agency, a Paris judge has fraudulently tried Vinnik for extortion, money laundering, criminal association and access to and alteration of data in data processing systems. AFP said the French authorities accused Vinnik of cheating over 100 people over $ 160 million between 2016 and 2018. Vinnik, also known as “Mr. Bitcoin”, is accused of laundering 300,000 Bitcoin (BTC), currently around $ 3.4 billion, over the BTC-e crypto exchange over the course of six years. He was arrested on vacation in Greece in 2017 on charges of the United States, and then extradited to France in January.

Tug of war over Vinnik
Vinnik, a Russian citizen, previously requested extradition to his home country, where he is alleged to have made less serious allegations of $ 11,000 fraud. When his trial in France is over, Vinnik could be sent back to Greece for extradition to the United States. There, the authorities want to question him about his connection to the notorious hack on Mt. Gox. Part of BTC-e’s Bitcoin may come from the Japanese crypto exchange, which has since been decommissioned.