Bitcoin

Former head of the Russian cryptocurrency exchange Wex arrested in Poland

BBC Russia has reported that Dmitry Vasiliev, the former head of the Russian cryptocurrency exchange Wex, was arrested in Warsaw, Poland.

Wex, formerly known as BTC-e, was a famous “dark” exchange in the early days of the cryptocurrency industry. It is believed to have laundered many well-known crypto hacks, including Mt. The Infamous Gox.

Although Vasiliev is considered innocent within the Polish judiciary, other countries such as Kazakhstan have conducted public fraud proceedings against the elusive person. They have therefore entered discussions about the possibility of extradition to the country.

Vasiliev is believed to have been arrested by Polish authorities on August 11, but that news was only published today by the Polish newspaper Wyborcza.

Vasiliev reportedly facilitated trading for Chinese investors as an employee of BTC-e until it closed in the summer of 2017. He was later arrested in Greece and is the subject of investigations by the US authorities.

A few months after Vinnik’s arrest, Vasiliev stepped up as director of the renamed Wex exchange, cementing his place in the top 10 list of businesses with $ 80 million a day in turnover at the end of the calendar year.

But just over a year later, Binance denied listed Wex for alleged money laundering – a decision that would eventually lead to the stock market’s demise.

Vasiliev was arrested by the Italian authorities in 2019 but was soon released after offenses were exposed in the extradition request.

It connected: data center operators ‘no problem’ with the new Russian crypto crackdown.

Recently, the Central Bank of Russia has started working with local banks to suspend payments from citizens to cryptocurrency exchanges, spearheading customers’ protection from transactions. The purchase of “emotions” is the reason for conducting the intervention.

Coincu

Recent Posts

Dogecoin Price Gets $5 Prediction, Shiba Inu To Rally 1,100%, And ETFSwap (ETFS) To Jump 135x

Here are the latest predictions for Dogecoin, Shiba Inu, and ETFswap.

2 hours ago

AVAX Hits $1B in DeFi, Cardano Expected to Surge—BlockDAG Leads with $110M Presale & 100% Bonus!

Discover BlockDAG's 100% bonus and $110M presale surge that’s sparking interest among crypto enthusiasts. Also,…

2 hours ago

Crypto Institutional Investors Move To ETFSwap (ETFS) Amid $500 Million Liquidity Injection Expectations

Discover why crypto investors are moving to ETFSwap (ETFS) as $500 million liquidity injection is…

5 hours ago

Buyers Rush to Maximise Gains with BlockDAG’s 100% Bonus Offer; Plus, ETH Holds Strong as Solana Challenges Rivals

Learn about BlockDAG's $110M presale achievement and the whopping 100% bonus offer, alongside Ethereum's growth…

7 hours ago

Thai Police Corruption Case Involving Officers and Extortion

Thai police corruption exposed as officers extort millions in USDT from a Chinese man under…

10 hours ago

SafePal Telegram Wallet Launches with Swiss Bank Accounts and CeDeFi

SafePal Telegram Wallet allows 950 million users to create compliant crypto-friendly Swiss bank accounts, integrating…

11 hours ago

This website uses cookies.