BREAKING NEWS: Bitcoin exchange BTC-e under fire from US Department of Justice
The US Prosecutor’s Office has filed a lawsuit against the BTC-e cryptocurrency exchange and its head Alexander Vinnik for a fine of more than $ 100 million for violating the Bank Secrecy Law.
The infamous marketplace and one of its owners are accused of money laundering, illegal financial transactions, criminal conspiracy and operating without a proper license.
The currently inactive BTC-e is registered in Cyprus and the Seychelles. However, according to the US Department of Justice, state clients allegedly used the platform to conduct at least 21,000 bitcoin transactions worth the equivalent of over $ 296. At the same time, the company did not make any attempts to register on the Network for Combating Financial Crimes, did not collect user data and did not report suspicious transactions, which attracted criminals..
In particular, the prosecutor claims that coins stolen from Mt. users were laundered with the help of BTC-e. Gox, and the administration organized open forums where they discussed the purchase of prohibited goods.
The prosecutor’s office wants to collect $ 88.6 million from the exchange and $ 12 million personally from Alexander Vinnik, and also added interest and expenses on the amount.
Recall that South Korea has estimated losses from cryptocrimes over the past two years at $ 2.3 billion.
text: Ivan Malichenko, photo: all.kpcdn