Greek court backs Russian bitcoin fraud suspect’s extradition to U.S.

AP reports from Athens that Greece’s Supreme Court has ruled in favor extraditing a Russian cybercrime suspect to the United States to stand trial for allegedly laundering billions of dollars using the virtual currency bitcoin.

Alexander Vinnik made his final appearance at an Athens court Wednesday amid an ongoing legal battle between the U.S. and Russia, who are both asking for his extradition.

Greece’s justice minister will finally decide on whether Vinnik will be sent to Russia or the U.S.

The case was heard amid growing global interest in virtual currencies and their underlying blockchain technology, fuelled by the continuing boom in the price of bitcoin.

The 38-year-old ex-bitcoin platform operator denies any wrongdoing but is not contesting the Russian request on less serious charges.

U.S. authorities accuse Vinnik of laundering $4 billion worth of bitcoins through BTC-e, one of the world’s biggest digital currency exchanges, which he allegedly operated.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: areiospagos.gr

Source: thenationalherald.com

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