Former CEO of Russian Crypto Exchange WEX Is Arrested in Warsaw: Report

Dmitri Vasilev may now be extradited to Kazakhstan after managing to return to Russia following his first arrest.

Sep 17, 2021 at 8:26 p.m. UTC
Updated Sep 20, 2021 at 1:51 p.m. UTC

Nate DiCamillo is a business reporter at CoinDesk with a focus on banking and economics.

Dmitri Vasilev, the former CEO of the now defunct crypto exchange WEX, was arrested in Warsaw in August after first being arrested in Italy two years ago, according to a BBC report.

  • After his initial arrest in Italy, Vasilev was released due to to errors in his case and he returned to Russia, the report said.
  • Poland’s prosecutor’s office is now considering extraditing Vasiliev to Kazakhstan, which has had a criminal investigation open on Vasilev after WEX users filed police reports about being unable to get back their crypto and fiat deposits in the fall of 2018.
  • WEX was launched by Vasilev in 2017 as a successor of the also defunct exchange BTC-e, which has been linked to the infamous Mt. Gox exchange.
The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Nate DiCamillo is a business reporter at CoinDesk with a focus on banking and economics.

CoinDesk - Unknown

Nate DiCamillo is a business reporter at CoinDesk with a focus on banking and economics.

Trending

1
CoinDesk - Unknown
Crypto News Roundup for May 27, 2022

We’re talking about bitcoin, when Skreli met Crypto, Ether is closing in May at 35% down, as investors look to safer risk profile investments. CoinDesk’s Markets Daily is back with the latest news roundup.

We’re talking about bitcoin, when Skreli met Crypto, Ether is closing in May at 35% down, as investors look to safer risk profile investments. CoinDesk’s Markets Daily is back with the latest news roundup.

CoinDesk - Unknown
2
CoinDesk - Unknown
What Happens if You’re Sexually Assaulted in the Metaverse?

This new technological medium may not need a new set of laws, but existing rules may need to be updated.

This new technological medium may not need a new set of laws, but existing rules may need to be updated.

CoinDesk - Unknown
3
CoinDesk - Unknown
Happiness 3.0: A Mission for Mental Health in the Metaverse

Technological innovation is rapidly changing what it means to be human. How do we stay sane?

Technological innovation is rapidly changing what it means to be human. How do we stay sane?

CoinDesk - Unknown
4
CoinDesk - Unknown
Consensus 2022 Visitor Guide: Getting Down With DAOs

Short for decentralized autonomous organizations, DAOs will be covered extensively at Consensus. Here are our top picks for those interested in jumping down the DAO rabbit hole.

Short for decentralized autonomous organizations, DAOs will be covered extensively at Consensus. Here are our top picks for those interested in jumping down the DAO rabbit hole.

CoinDesk - Unknown