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Vinnik will go to Russia, not to the U.S.

The Greek court has upheld the request for the extradition of the alleged BTC-e operator Alexander Vinnik to Russia instead of the U.S.

11.Oct.17 8:35 AM
By Daria Zaytseva


Vinnik will go to Russia, not to the U.S.

Local media reported on Wednesday that Vinnik's extradition summons will now be sent to Russia to face fraud charges of a relatively modest 667,000 rubles ($ 11,500).

The FBI demanded a fine of $ 12 million from Vinnik, as well as a $ 110 million giant account for the Bitcoin Exchange BTC-e over failing to meet AML requirements.

In addition, a Russian citizen faces a maximum term of imprisonment of 55 years, if the authorities convict him under U.S law.

After his arrest in Greece in July, Vinnik, who denies being anything more than a "consultant" on the stock exchange, lost the initial hearing about his relocation to the United States.

Appealing to Russian President Vladimir Putin in an interview last month, it now seems that Russia will have the final say in his fate.

Vinnik sharply criticized the approach taken by the authorities during the same interview. BTC-e has since renamed and traded under the name

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