• Alexander Vinnik extradited France money laundering
    Bitcoin,  Cryptocurrencies

    France charges alleged BTC-e operator Alexander Vinnik with money laundering, extortion

    Vinnik has been on a hunger strike to protest his lengthy detention

    French officials filed preliminary charges of money laundering and extortion against Alexander Vinnik on Friday. The Russian national was extradited to France on Thursday after spending more than two years in pre-trial detention in Greece.

  • Alexander Zhuravlev, managing partner of the Efficient Business Resources (EBR) law firm, chairman of the commission for the legal support of the digital economy in the Moscow branch of the Russian bar association, and cofounder of the additional education program at the Russian organization of BCL, or Blockchain Lawyers (via Alexander Zhuravlev).
    Europe

    ‘If legislation does not exist, is everything permitted?’: An in-depth look at Russia’s long path to crypto legislation

    Russia has been struggling to pass comprehensive cryptocurrency reform for over two years. With the bill on crowdfunding finally set to go into effect in 2020, what’s going on with the arguably more crypto-related bill on digital financial assets?

    Russia’s path to cryptocurrency legislation been long and complex, but that’s nothing out of the ordinary for a country seems to do a lot of things the hard way.

  • Russian spy Maria Butina (via Wiki commons)
    Innovators

    Patrick Byrne overstocks on Russian agent, resigns

    Overstock.com CEO bows out after placing himself at the center of a scandal involving a Russian agent and election interference

    Take one sultry Russian agent, a middle-aged tech CEO nearly twice her age, and add in the FBI, Hillary Clinton, allegations of election interference, and vague comments about the “deep state” and “Men in Black,” and you’ve got the makings of Netflix’s next hot series. Or, the reason the CEO of Overstock.com resigned on August 22 from the dot-com company he built into a major online retailer.

  • Huobi’s regulator-friendly financial blockchain money laundering
    Cryptocurrencies,  Europe,  United States

    US sues BTC-e exchange owner Alexander Vinnik for $100 million

    The FinCEN lawsuit comes in addition to criminal charges alleging money laundering for drugs and cryptocurrency exchange hackers

    Alleging violations of the Bank Secrecy Act, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) filed a civil suit against BTC-e founder Alexander Vinnik on July 25, seeking to recover more than $88 million in customer funds from the exchange and $12 million in from Vinnik personally.