Cyprus Court docket Withdraws Revenue Laundering, Fraud Lawsuit In opposition to Alleged BTC-e Operator

The attorney for Alexander Vinnik, the alleged former operator of defunct cryptocurrency trade BTC-e, has claimed that a district courtroom in Cyprus has withdrawn their lawsuit on fees “of fraud, funds laundering and other crimes.” This growth was documented by condition-operated Russian news company RIA Novosti Nov. 27.

Timofey Musatov, the head of the lawyers’ team representing Vinnik, has claimed that the  district court of Limassol city has formally granted the plaintiffs’ petition to remember their lawsuit in opposition to Vinnik and even ruled “to compensate the defendant for all authorized fees incurred by him.” Musatov included:

“The scenario towards Alexander collapsed at an early stage and, importantly, at the initiative of the plaintiffs themselves, which clearly implies the weakness of the accusatory part in opposition to Alexander, the vulnerability of the legal position of the plaintiffs and their unwillingness to deliver the circumstance to open up lawful proceedings.”

Meanwhile, this withdrawal does not mean that the situation from Vinnik has been shut. Greece is now considering an attraction for France’s request for the extradition of Vinnik, a Russian citizen. The up coming court session is scheduled Nov. 29, RIA Novosti studies.

In 2017, Greece’s Supreme Court docket dominated to extradite Vinnik to the U.S., where by he faces costs of funds laundering and fraud. Back again in July, the Greek courtroom had previously dominated to extradite Vinnik to France on expenses of fraud and dollars laundering, reportedly involving up to $4 billion in Bitcoin (BTC), as Cointelegraph reported Jul. 14.

This tumble, Russia also asked for Vinnik’s extradition to encounter a number of cyber fraud prices. The Supreme Civil and Prison Court of Greece ruled in Russia’s favor, leaving the question of Vinnik’s last extradition locale unclear, Cointelegraph wrote Sep. 4.

Before this week, Musatov stated that his consumer would go on a starvation strike commencing Nov. 26 in buy to protest the alleged “stripping” of his legal rights for protection in France and Greece.


Leave a Reply