French court sentences BTC-e operator Alexander Vinnik to 5 years

Cointelegraph

Published Jun 28, 2021 12:07AM ET

Updated Jun 28, 2021 01:40AM ET

A court of appeals in Paris has upheld the five-year prison term in the case against BTC-e operator Alexander Vinnik.

The court upheld a December 2020 verdict and prison sentence, finding that Vinnik/BTC-e had committed money laundering as part of an organized criminal group, and provided false information about the origin of the proceeds.

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