Alexander Vinnik, an alleged BTC-e operator, was found guilty of money laundering in France and sentenced to five years in prison.
Vinnik will reportedly face charges including defrauding more than 100 people in six French cities from 2016 to 2018.
The alleged BTC-e operator stands accused of extortion, aggravated money laundering and conspiracy.
The bank funds are said to be linked to Russian Alexander Vinnik, who allegedly ran the defunct crypto exchange BTC-e.
French prosecutors have charged Vinnik on counts of extortion, aggravated money laundering, conspiracy and more.
Greece's supreme administrative court found that a ruling to extradite alleged BTC-e operator Alexander Vinnik to France was lawful. Vinnik can no longer appeal the decision.
Someone has been sending bomb threats across Russia for a month, demanding $870,000 worth of bitcoin supposedly stolen from the defunct cryptocurrency exchange WEX.
Alleged BTC-e exchange operator and money launderer Alexander Vinnik is finally being extradited to France, say reports.
The administrator of failed crypto exchange WEX has reportedly told Russian police that he was forced to hand over users' holdings to the FSB.
The trustee recovering funds on behalf of Mt Gox's creditors has contacted the U.S. Department of Justice seeking information about Alexander Vinnik.
Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives.
A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.
Prosecutors have filed a complaint against the infamous crypto exchange BTC-e calling a haven for crime.
Dmitri Vasilev, the former CEO of now-defunct crypto exchange WEX, has reportedly been arrested in Italy.
Alleged bitcoin launderer Alexander Vinnik, who is wanted by several countries, has filed in Greece for extradition to Russia.