Years after his arrest, Vinnik has now been sentenced.
After years of debate about the extradition, Bitcoin ( BTC ) launderer Alexander Vinnik has now been convicted by a French court
According to a report in the Novaya Gazeta on Monday Vinnik was and because of „money laundering as part of an organized criminal group and providing false information about the source of income“ to five years in prison in addition to a fine of 100,000 euros sentenced .
According to the BBC, the court has partially dropped charges on Locky ransomware . At the time of going to press it was unclear whether Vinnik’s conviction was related to his alleged leadership at the former crypto exchange BTC-e.
Vinnik previously denied his stake in BTC-e, claiming he was just an employee. He said his monthly salary at BTC-e was $ 10,000
As previously reported , Vinnik is the alleged mastermind of an international money laundering system in which over $ 4 billion was processed via Bitcoin Lifestyle.
Vinnik, known as „Mr. Bitcoin“, was first arrested in Greece in July 2017 for allegedly involved in the operation of BTC-e. Since the arrest, several countries have requested extradition of Vinnik. Including the United States and Russia, of which he is a citizen . Vinnik was extradited to France in 2018 for fraud and money laundering .
In June, New Zealand police collected $ 90 million in connection with the Vinnik case .