Russian held over bitcoin laundering linked to BTC-e exchange: Sources

  • A Russian national arrested in Greece on Wednesday on suspicion of laundering criminal funds by switching them into bitcoins is a key person behind the BTC-e crypto-currency exchange, two sources close to the exchange told Reuters.
  • BTC-e, one of the oldest trading platforms for digital currencies, did not immediately respond to a request for comment.
  • Police sources identified the man as Alexander Vinnik, 38, who was arrested in northern Greece on a U.S. warrant and is accused of laundering at least $4 billion.

A Russian national was arrested in Greece on suspicion of laundering criminal funds through Bitcoin.

@CNBC: Russian held over bitcoin laundering linked to BTC-e exchange: Sources

A Russian national arrested in Greece on Wednesday on suspicion of laundering criminal funds by switching them into bitcoins is a key person behind the BTC-e crypto-currency exchange, two sources close to the exchange told Reuters.

BTC-e, one of the oldest trading platforms for digital currencies, did not immediately respond to a request for comment.

Police sources identified the man as Alexander Vinnik, 38, who was arrested in northern Greece on a U.S. warrant and is accused of laundering at least $4 billion.

Russian held over bitcoin laundering linked to BTC-e exchange: Sources