Fun

US Withdraws Request to Extradite BTC-e’s Vinnik From France, Lawyer Sees ‘Deceitful Maneuver’

News Feed - 2022-07-23 05:07:41

US Withdraws Request to Extradite BTC-e’s Vinnik From France, Lawyer Sees ‘Deceitful Maneuver’


U.S. authorities have withdrawn their request to extradite the alleged operator of crypto exchange BTC-e Alexander Vinnik from France, his French lawyer informed Russian media. Vinnik’s defense suspects, however, that the move is intended to actually speed up his extradition through Greece. Lawyer Says Washington Wants Vinnik to Remain in Prison


The United States withdrew a request submitted in 2020 to extradite Alexander Vinnik from France, according to Frederic Belot, who is defending him in French courts. The Russian IT specialist has served a five-year prison term in the country where he was sentenced for money laundering.


Vinnik’s international defense team has been trying to secure his release but France is more likely to send him back to Greece, where he was arrested in the summer of 2017 on a warrant from American prosecutors who accuse him of laundering at least $4 billion through the infamous cryptocurrency exchange BTC-e.


This week, Belot told RBC Crypto that the French prosecutor’s office has resumed the process on the U.S. extradition request on July 1, 2022 in order to prevent the release of the Russian. He believes its withdrawal is a “deceitful maneuver,” intended to ensure that Vinnik stays behind bars until he is returned to Greece.


Greek authorities had already granted a U.S. request for extradition before sending him to France. That means his return to Greece can actually speed up his transfer to the United States. The next hearing in Vinnik’s case was rescheduled from Sept. 7 to Aug. 3, Belot also noted. Until then, the Russian national will remain in French prison.


Belot added that during the hearings at the Investigative Chamber of the court in Paris, Vinnik’s lawyers again reminded the French judicial authorities that the Russian Federation had also sent an extradition request to France, and much earlier than the U.S. one.


In his home country, Alexander Vinnik was accused in 2018 of stealing 750 million rubles ($13 million at current rates). He has stated he would like to return to Russia. Greek authorities extradited him to France in 2020 where he was also accused of identity theft and extortion. Tags in this story Alexander Vinnik, American, BTC-e, crypto exchange, Exchange, extradition, France, french, Greece, Greek, IT specialist, Money Laundering, operator, prison, Request, Russia, russian, Russian Federation, sentence, U.S., United States, vinnik


Do you expect Vinnik to eventually be handed over to the United States? Share your thoughts on the case in the comments section below. Lubomir Tassev


Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration. Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions NEWS | 12 hours ago Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the "Whole Situation Is Regrettable" NEWS | 18 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, An Mazhor Previous articleElon Musk Criticizes Remote Work as Workers Are Increasingly Worried About Surveillance in Metaverse Environments Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItRipple CEO: SEC Lawsuit Over XRP "Has Gone Exceedingly Well"


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days Fidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand" Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher

News Feed

Ciphertrace Announces Enhanced Monero Tracing Capabilities for Governments
Ciphertrace Announces Enhanced Monero Tracing Capabilities for Governments Crypto compliance firm Ciphertrace has announced enhanced tools for tracing Monero tra
Elisha Owusu Akyaw10 hours agoHashing It Out: A conversation about spot Bitcoin ETFs and decentralized ETFsJoel Kuck, CEO of Decentralized ETF, believes that “the big money will come when the institutions come” after
Binance and its detained US exec face more charges in Nigeria
Helen Partz11 hours agoBinance and its detained US exec face more charges in NigeriaAs Nigerian authorities levied more charges against Binance, the exchange issued a statement urging the regulators to let go of its U.S.
HTC launches no-code game creator for ‘Viverse’ metaverse
Tristan Greene5 hours agoHTC launches no-code game creator for ‘Viverse’ metaverseCreators can build out massively multiplayer games and social spaces using the in-world VR user interface.518 Total views13 Total shar
Binance Bitcoin Reserves Surge To 579,000 BTC – Signal Of Profit-Taking Or Bullish Liquidity?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Optimism offloads $90M worth of tokens in private deal
Ezra Reguerra12 hours agoOptimism offloads $90M worth of tokens in private dealOptimism also sold 116 million OP tokens in another private sale held back in September 2023.1056 Total views13 Total sharesListen to article
Binance gets greenlight to invest customer assets in US Treasury Bills
Vince Quill4 hours agoBinance gets greenlight to invest customer assets in US Treasury BillsThe court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week ba
Savannah Fortis13 hours agoTwitter to X rebrand sparks debate over new name for ‘tweets’Amid the new changes to the online social media platform now known as X, users have begun to debate on what to name the iconic p
Crypto payment service Payeer hit with record $10M fine in Lithuania
Christopher Roark3 hours agoCrypto payment service Payeer hit with record $10M fine in LithuaniaPayeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.993 Total views14 Total
Zambia to Complete Testing Real-Life Crypto Usage Simulations by June — Government Minister
Zambia to Complete Testing Real-Life Crypto Usage Simulations by June — Government Minister Zambia is set to complete real-life crypto usage simulations by the end of June, Felix
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Ass
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citin