BTC-es Alexander Vinnik Requests Bail Citing Trial Delay – Bitcoin News

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The alleged operator of the BTC-e crypto exchange, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian computer scientist was extradited to the United States to face charges of money laundering through the now defunct coin trading platform.

Vinniks’ defense appeals for bail after months in US detention

Crypto entrepreneur Alexander Vinnik has requested bail due to the delay in his trial, according to Russian media. He has been detained in the United States for more than three months but the documents required by the court have not been provided by the respective American authorities, his lawyers pointed out.

Alexander Vinnik

According to information published Friday in the federal court documents database for the Northern District of California, Vinniks’ defense team is requesting that all documents relating to the trial be presented within 60 days.

Alexander Vinnik believes he should be released on bail or allowed to exercise his right to a speedy trial because the US government has not fulfilled its obligations after promising to provide evidence in the case, the daily Izvestia revealed in a report. report citing the call.

The alleged BTC-e operator was arrested in July 2017, while vacationing in Greece with his family. He was arrested on a warrant issued by US authorities who charge him, among other crimes, with laundering between $4 billion and $9 billion through the crypto exchange.

Besides the United States, French justice also wanted his extradition and the Greek authorities decided to hand him over to France first in 2019. After serving a sentence there, he was sent back to Greece last summer and extradited immediately to the United States. French and Greek authorities ignored Russian extradition requests.

Vinnik appeared in federal court in San Francisco on August 5, claiming his innocence. Later that month, Russian media reported that he had been denied bail, citing his file on the website of the Santa Rita prison in California where he was incarcerated.

In September, his French lawyer Frédéric Belot urged the Russian government to consider Vinnik in a possible prisoner exchange deal with the United States, stressing that the maximum sentence for the charges of Vinniks, 55, would amount to imprisonment in perpetuity for 43 years. old Russian. His health deteriorated after solitary confinement in France and hunger strikes in Greece.

Tags in this story Alexander Vinnik, American, Appeal, Bail, BTC-e, Deal, Fees, Court, Crypto, crypto exchange, Cryptocurrencies, Cryptocurrency, Delay, Exchange, Money Laundering, Release, Demand , Russia, Russian, Trial, US , USA, vinnik

Do you think Alexander Vinnik’s appeal for bail will be granted this time? Share your thoughts on the case in the comments section below.

Lubomir Tassev

Lubomir Tassev is a tech-savvy Eastern European journalist who loves Hitchens’ quote: Being a writer is who I am, rather than what I do. Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

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