Basketball star for a crypto launderer? Alexander Vinnik's lawyers considers prisoner swap: Report

The legal team for Alexander Vinnik, a Russian national recently extradited to the United States for his alleged role at defunct crypto exchange BTC-e, has reportedly been urging officials to consider a prisoner swap. 

According to a Monday report from Reuters, a lawyer representing Vinnik called on Russian foreign minister Sergey Lavrov to conduct negotiations with U.S. officials in order to bring the accused Bitcoin (BTC) launderer back to his home country. Russian authorities currently have several U.S. citizens in custody under questionable charges, including basketball star Brittney Griner, educator Marc Hilliard Fogel, and Paul Whelan, a former Marine detained for allegedly committing espionage.

"The only thing that can save Alexander is for the Russian Federation to enter into negotiations with the American authorities within the framework of the exchange of prisoners between the countries mentioned," reportedly said a letter from Vinnik’s lawyer, Frederic Belot.

Vinnik allegedly helped launder roughly $4 billion worth of Bitcoin through his role at BTC-e, one of the world’s largest crypto exchanges at the time, with some of the funds possibly coming from the hack of Japan-based crypto exchange Mt. Gox. Authorities in Greece arrested Vinnik in July 2017, at which point the governments of France, Russia, and the U.S. fought for extradition.

The U.S. Justice Department reported that Vinnik had been extradited on Aug. 4 from Greece to the United States to face charges related to having an unlicensed money service business, conspiracy to commit money laundering, money laundering, and engaging in unlawful monetary transactions. According to authorities, BTC-e “facilitated transactions for cybercriminals worldwide and received criminal proceeds from numerous computer intrusions and hacking incidents,” including ransomware attacks and trafficking in drugs.

Alleged Russian Cryptocurrency Money Launderer Alexander Vinnik was extradited to the U.S. to face charges stemming from allegedly operating an alleged illicit Bitcoin exchange company which received more than $4 billion worth of Bitcoins. https://t.co/mQx1Yrd7MT

If convicted of all charges, Vinnik, 43, could reportedly face up to 55 years in prison, making any sentence tantamount to life behind bars. Griner has also been detained since her arrest in February, with many U.S. officials suggesting the Russian government may be using the basketball star as political leverage in response to sanctions following the country’s invasion of Ukraine.

Related: Accomplice of 'Cryptoqueen' Ruja Ignatova faces extradition to US: Report

Russia has reportedly been engaging in “quiet diplomacy” with the U.S. following Griner receiving a 9-year sentence on Aug. 4 for allegedly holding vape cartridges containing hash oil at the Sheremetyevo International Airport. However, reports suggested that the U.S. was considering swapping ‘Lord of War’ arms dealer Viktor Bout — and not Vinnik — in exchange for Griner and Whelan. Amid the war in Ukraine, officials between the two countries negotiated the swap of former U.S. Marine Trevor Reed for Russian national Konstantin Yaroshenko, who had been convicted of drug-smuggling charges in 2011.