A Russian national accused of laundering billions of dollars on the now-defunct crypto exchange BTC-e could soon be extradited to France following a court decision.
Vinnik, who has maintained no wrongdoing from all charges, had been awaiting a decision from Greek authorities on which country he would ultimately be sent to, though in the past he had expressed a preference for extradition to Russia.
According to the Associated Press, the Greek courts decided Friday that Vinnik would be sent to France in light of accusations of his involvement in cyber attacks against some 100 French nationals. The decision drew swift criticism from the Russian government in wake of the expulsion of two Russian diplomats from Greece just a day prior related to tensions over the entry of Macedonia into the NATO military alliance.
Ilias Spyrliadis, Vinnik's defense attorney, was reported by the Washington Post as saying that Vinnik will appeal the decision and continue to maintain his innocence from all criminal charges.
Indeed, this is not the first appeal Vinnik has made before Greek authorities, pushing back on the green light offered last December that would have effectively extradited Vinnik to the U.S.
The U.S. government claims Vinnik was the "operator" of BTC-e and utilized the platform to launder some $4 billion over the course of six years. Levying a $110 million fine against the exchange and a $12 million penalty against the Russian national himself, Vinnik would face up to 55 years in prison if convicted in the U.S.
Paris image via Shutterstock
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.