Skip to main content

Greek Court Suspends Decision to Extradite Alexander Vinnik

Greek Court Suspends Decision to Extradite Alexander Vinnik

The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through the now defunct cryptocurrency exchange, started a new hunger strike last week.

Also read: Chinese Regulators Question 8 Crypto Companies in Shenzhen

France Is First Destination for Vinnik, Russia Listed Last

The decision to extradite Vinnik to France was signed on Friday by the Greek Minister of Justice Konstantinos Tsiaras, who also ordered the director of the Korydallos prison to prepare the necessary documents. It details that the United States should be the second possible destination for Vinnik’s departure, while the Russian Federation has been mentioned as the last option. All three countries have previously asked Greece to hand over Vinnik who was arrested on a U.S. warrant in Thessaloniki more than two years ago.

Greek Court Suspends Decision to Extradite Alexander Vinnik

U.S. prosecutors allege that the Russian blockchain specialist is one of the owners of BTC-e and accuse him of laundering between $4 billion and $9 billion through the trading platform, including funds stolen in the Mt Gox hack. But he is also wanted in France and in his native Russia for various other crimes. Vinnik rejects all these accusations. At the same time, he has already stated he is ready to face trial in his home country. Russian authorities want to prosecute him for the theft of 600,000 rubles (less than $10,000) from a defrauded entity.

Vinnik’s defense believes that if he is handed over to the French authorities, he will eventually end up in U.S. custody. Quoted by Reuters, his Greek lawyer Zoe Costantopoulou described the ministerial decision as unfair and even called it a “death sentence.” She added that its suspension was a recognition of the risk he would face if he was extradited. Costantopoulou also revealed that Alexander has begun a new hunger strike and warned that his health is deteriorating.

Next Hearing in Vinnik Case to Be Held in January

On Tuesday, Ekaterina Sakellaropoulou who presides over Greece’s Council of State, the highest administrative court in the country, scheduled the next hearing in the case for Jan. 10, 2020, RIA Novosti reported, quoting Vinnik’s Russian lawyer Timofei Musatov. Initially, the hearing was planned for March 24. He also revealed that an expanded panel of judges will review the case next time, with the Greek court citing its “extraordinary importance.”

Greek Court Suspends Decision to Extradite Alexander Vinnik

Vinnik’s fate has become a source of contention between Europe and America, on the one hand, and Russia on the other. Meanwhile, Greece has found itself under significant pressure from all sides and from his lawyers who insist he is being held against its own laws. The Russian citizen has spent 29 months in Greek jails when according to the country’s constitution, no one should be held in custody for more than 18 months without sentence. They also point out that while the Greek justice ministry has decided to hand him over to France, the European extradition order expired long ago.

There have been four separate decisions by Greek courts so far for the extradition of Vinnik, to the U.S., to France, and two for Russia. The latest issued by the executive power in Athens comes weeks before the upcoming visit of Prime Minister Kyriakos Mitsotakis to Washington in early January. Greek media have speculated that their government may extradite Vinnik in the hope of winning President Trump’s backing in the recent disputes with Turkey, including over territorial waters. Greece has made it clear it also expects support from the EU.

What do you think will be the outcome of Vinnik’s case? Share your expectations in the comments section below.


Images courtesy of Shutterstock.


Do you need to track down a Bitcoin transaction? With our Bitcoin Explorer tool, you can search by transaction ID, address, or block hash to find specific details, and for a look at the broader crypto space explore our Bitcoin Charts tool.

The post Greek Court Suspends Decision to Extradite Alexander Vinnik appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2Ms1qT1

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...

DefiDollar Listing on AscendEX

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the DefiDollar Token (DFD) under the pair USDT/DFD on Apr 29 at 1:00 p.m. UTC. DefiDollar is a DeFi lab that aims to bring mass adoption to DeFi with a wide-ranging product suite. The first product offering to go live will be the stablecoin index – DUSD, with ibBTC and optionCoin currently in development. DefiDollar (DUSD) aspires to be a risk-insured stablecoin layer for DeFi. It is designed to provide a safe and stable way for users to hold their assets with DUSD being optimized for peg safety, yield, and diversification. DefiDollar uses DeFi primitives to stay close to the dollar mark. DUSD provides an avenue for diversifying stablecoin holdings to hedge against an event where the underlying stablecoins like Tether or DAI deviate from their peg. DUSD is collateralized by Curve Finance LP tokens. DFD is the n...