Russian Bitcoin Exchange Founder to Be Released by US in Prisoner Swap: Reports

2025-02-12 16:15:24 UTC
Russian Bitcoin Exchange Founder to Be Released by US in Prisoner Swap: Reports

The U.S. will release Russian Alexander Vinnik—who ran the BTC-e crypto exchange—in a prisoner swap after Moscow released an American.

The U.S. will release a crypto criminal as part of a prisoner swap with Russia, according to reports from Reuters and the Wall Street Journal.

Alexander Vinnik, who operated BTC-e, a Bitcoin exchange shut down by the FBI back in 2017 for alleged money laundering, will reportedly be released on Wednesday after Moscow freed American Marc Fogel on Tuesday.

Decrypt reached out to the Department of Justice for confirmation, but did not immediately receive a response.

Editor's note: This is a breaking news story and will be updated. 

Source: decrypt.co

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