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

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.


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