Russian held over bitcoin laundering linked to BTC-e exchange -sources

Reuters News
Posted: Jul 26, 2017 11:48 AM

MOSCOW (Reuters) - A Russian national arrested in Greece on Wednesday on suspicion of laundering criminal funds by switching them into bitcoins is a key person behind the BTC-e crypto-currency exchange, two sources close to the exchange told Reuters.

BTC-e, one of the oldest trading platforms for digital currencies, did not immediately respond to a request for comment.

Police sources identified the man as Alexander Vinnik, 38, who was arrested in northern Greece on a U.S. warrant and is accused of laundering at least $4 billion.

(Reporting by Jack Stubbs; Editing by Alexander Winning and Robin Pomeroy)