The Supreme Civil and Criminal Court of Greece has ruled to extradite alleged BTC-e owner Alexander Vinnik to Russia to face several cyber fraud charges, Russian state news agency RIA Novosti reports Tuesday, September 4. The formal decision on extradition to Russia will be issued September 14, coming into force the same day. During the actual hearing, the Supreme Court will also consider France’s request on the alleged BTC-e owner’s extradition. According to RIA, Vinnik agreed with his extradition to Russia. “[This case] is now up to politicians and their will,” his attorney Timofey Musatov stated. The U.S., France, and …

A Greek court has ruled to extradite the alleged former operator of crypto exchange BTC-e, Alexander Vinnik, to France, local news outlet CNN Greece reported Friday, July 13. The 39-year old Russian national Vinnik, also known colloquially as “Mr. Bitcoin,” was indicted by U.S. authorities on charges of fraud and money laundering last year, reportedly involving up to $4 billion in Bitcoin (BTC). Vinnik’s Greek lawyer Ilias Spyrliadis confirmed to Russian news agency TASS that “the court has granted France’s request for Vinnik’s extradition.” Spyrliadis also revealed that he is planning to appeal against the court’s decision in the Greek …

Newcomers are strengthening their positions in the financial markets: the cryptocurrencies are taking their places among the products of broker companies and in portfolios of investors and speculators. What is going on in the market of Bitcoin and Ethereum, can a classic trader profit on that and how to open your crypto business, comments Artur Azizov, B2Broker CEO. Currently in the market of money there is nothing less than a revolution. And there is great turmoil in store. This is a tool on which you can profit right now, without going into discussions about mission and significance. Azizov forecasts: “Bitcoin …

Mt Gox had been depleted of most of its bitcoin by 2013 according to a new report from Wizsec, the Tokyo based bitcoin security firm, which has been conducting an ongoing unofficial investigation into Mt Gox’s collapse. The theft had been ongoing since 2011 and many of the missing bitcoins were stolen straight out of Mt Gox’s hot wallet. A significant amount of the stolen bitcoins were deposited at various exchanges like BTC-e, Bitcoinica, Mt Gox itself, and other not yet identified wallets, and subsequently sold for cash. This led Mt Gox to be operating “knowingly or unknowingly” at fractional …