Owner Of Russia's Largest BTC Exchange Arrested – Money May Be Lost

[manuelmane]

The largest Russian cryptocurrency exchange,

-e, froze all transactions soon after the arrest one of its co-owners.

-e user funds may be lost.

Yesterday, July 25, Greek police arrested 38-year-old Russian citizen Alexander Vinnik, who turned out to be a co-owner of one of the largest and most popular Bitcoin exchanges in Russia. He was arrested in Thessaloniki, Greece, on a US warrant, on suspicion of laundering $4 million via Bitcoin transactions. According to a report by Bits.media, the

-e exchange had gone offline sometime Tuesday morning, July 26, and remains unavailable. The first message from the team of

-e stating that the exchange is offline due to "unscheduled technical work" appeared on its official Twitter page one hour later.

Read the full article: https://coinidol.com/owner-of-btc-e-arrested/

 

[Bagatell]

https://bravenewcoin.com/news/36-bitcoin-exchanges-that-are-no-longer-with-us/

Vinnik was also involved with Bitcoinica and MtGox. I wonder how well he knows Carl Mark Force?

 

[aretebit]

lol, not 4 millions: 4 thousands of millions
Fortunately they are going to reopen and they already started to refund their users (even the bitcoin cash).
FBI seized all their fiat and hot wallets, so currently btc-e have only 55% of users funds, which will be avaiable for withraw from the 15th of september in their new platform.
The remaining will be returned with the bitfinex way: with debt tokens.