BTC-e Operator Alexander Vinnik Has Been Extradited to the US

The news comes weeks after U.S. authorities called off their previous extradition request, thereby paving the way for Vinnik to be brought to the U.S.

AccessTimeIconAug 5, 2022 at 6:15 a.m. UTC
Updated Apr 9, 2024 at 11:02 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

BTC-e operator Alexander Vinnik has been extradited to the U.S. from Greece, Vinnik's French lawyer, Frederic Belot, confirmed to CoinDesk. CNN first reported the extradition.

A few weeks ago, U.S. authorities had called off their request to extradite the Russian national from France. However, by calling off the extradition request Vinnik could be sent to Greece and later to the U.S, his lawyer had said at the time.

  • Bitcoin Transaction Fees Slide Significantly Post Halving
    00:55
    Bitcoin Transaction Fees Slide Significantly Post Halving
  • 21Shares Exec on Consumer Facing Applications Powered by Blockchain
    00:51
    21Shares Exec on Consumer Facing Applications Powered by Blockchain
  • 21Shares Exec on Aftermath of the Halving, Future of Bitcoin Network
    15:24
    21Shares Exec on Aftermath of the Halving, Future of Bitcoin Network
  • World Chain Is a Blockchain 'Designed for Humans': Tools for Humanity Exec
    00:31
    World Chain Is a Blockchain 'Designed for Humans': Tools for Humanity Exec
  • At the time, Belot declined to explain the legal mechanism being used by U.S. authorities, only responding that "by withdrawing their request, the U.S. reactivated the Greece request."

    In 2020, Vinnik was indicted by a California court on allegations of “computer intrusions and hacking incidents, ransomware scams, identity theft schemes, corrupt public officials and narcotics distribution rings.”

    Vinnik is known as an operator of BTC-e, one of the earliest bitcoin (BTC) exchanges, which was linked to the hack of Mt. Gox, the first bitcoin exchange, which never recovered after a theft of 744,408 BTC and had to shut down in 2014.

    Vinnik has always denied that he ran BTC-e, claiming he only worked at the exchange.

    BTC-e, in turn, was shut down by U.S. authorities in 2017, its servers confiscated and Vinnik arrested in Greece, where he was on a beach with his family. Since then three countries have been competing to extradite Vinnik – the U.S., France and Russia – with all three presenting a different set of allegations.

    France prevailed in 2020, and Vinnik was sentenced to five years in prison by a French court. The sentence was upheld last summer.

    UPDATE (Aug 5, 09:32 UTC): Updates headline and lede with confirmation.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Parikshit Mishra

    Parikshit Mishra is CoinDesk's Deputy Managing Editor responsible for breaking news coverage. He does not have any crypto holdings.

    Anna Baydakova

    Anna Baydakova was CoinDesk's investigative reporter with a special focus on Eastern Europe and Russia. Anna owns BTC and an NFT.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.



    Read more about