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.

AccessTimeIconSep 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.

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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.