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US Releases Russian Cybercriminal As Part of Prisoner Swap


The U.S. released Russian cybercriminal Alexander Vinnik, who pleaded guilty to conspiracy to commit money laundering through his cryptocurrency exchange BTC-e, as part of a prisoner swap that freed American schoolteacher Marc Fogel from Russian custody. The Guardian reports: Vinnik, who arrived in...

The Guardian reports: Vinnik, who arrived in Moscow on a flight from Turkey on Tuesday after having been released from custody in California, is accused of owning and operating one of the largest cryptocurrency exchanges in the world, BTC-e, which prosecutors allege facilitated the transfer of billions of dollars in transactions for criminals worldwide. Prosecutors say that BTC-e processed over $9 bn worth of transactions and served over 1 million users globally, including numerous customers in the US. Vinnik, who is a nonviolent offender, is forfeiting tens of millions of dollars in assets in the exchange, according to the New York Times.

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