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The Defiant 2025-02-12 19:15:41

U.S. Releases BTC-e Operator Vinnik, Accused of Laundering $4 Billion, in Swap for Marc Fogel

The United States is releasing Russian national Alexander Vinnik as part of a prisoner exchange with Russia that secured the release of American teacher Marc Fogel, U.S. officials confirmed on Wednesday. Vinnik, co-founder of BTC-e—once among the world’s largest cryptocurrency exchanges—was arrested in Greece in 2017 and extradited to the United States. Accused of operating an illegal crypto money laundering operation that allegedly laundered $4 billion, he was facing a potential 20-year prison sentence and will forfeit millions in assets. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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