Alexander Vinnik was charged with 17 counts of money laundering and two counts of engaging in unlawful monetary transactions. Both BTC-e (by way of an alleged holding company named Canton Business Corporation) and Vinnik were also charged with one count of operating an unlawful money services business and one count of conspiracy to commit money laundering.
Prosecutors further alleged that Alexander Vinnik “received funds from the infamous computer intrusion or “hack” of Mt. Gox” – echoing claims released earlier today by the independent research group WizSec, which has investigated the theft of funds from the now-defunct Japan-based bitcoin exchange.
Then follow us on Google News!
According to the Department of Justice, the Financial Crimes Enforcement Network (FinCEN) assessed a $110m civil penalty against BTC-e, as well as a $12m penalty against Alexander Vinnik.
If convicted, Alexander Vinnik faces as many as 55 years in prison.
Download the full unsealed superseding indictment here
TheBitcoinNews.com – Bitcoin News source since 2012
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise