Legal Digest -Greek court backs extraditing Russian bitcoin suspect to US
Law News
Today's Legal News Bookmark This Website
Greek court backs extraditing Russian bitcoin suspect to US
Court Press News | 2017/12/11 11:05
Greece's Supreme Court has ruled in favor of 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 seeking his extradition.

Greece's justice minister will ultimately 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 ongoing boom in the price of bitcoin.

The 38-year-old former 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 largest digital currency exchanges, which he allegedly operated.

Garrick Hileman, a research fellow at the University of Cambridge, said bitcoin's growing acceptance by mainstream markets makes criminal cases surrounding the currency more significant.

"For bitcoin to continue to attract regulated and institutional investors it will need to operate within the law," he told the AP.

"The United States, with the support of evidence from various cyber sleuths, is arguing that Vinnik and BTC-e were two of the biggest bad actors in the crypto-currency industry. Bringing bad actors to justice will help bitcoin move beyond its tainted history."

Vinnik was arrested at a northern Greek holiday resort in July and a lower court has already approved his extradition to the U.S.

Ilias Spyrliadis, a lawyer for Vinnik's defense, said they would formally respond after Wednesday's decision is published, in about one week.

"The Supreme Court has in essence accepted that our client should be sent to the United States," the lawyer said. "Our client has not made any response. He listened to the ruling as it was read out ... It is now up to the justice minister to decide when and where our client will be sent."


[PREV] [1] ..[27][28][29][30][31][32][33][34][35].. [1762] [NEXT]
All
Legal News Digest
Law Firm News
Legal Career News
Headline Legal News
Lawyer Blog Updates
Legal Business
Law News
Court Press News
Legal Interview
Legal World News
Press Release
Legal Opinions
Law Firm Marketing
Legal & Political
Law School News
Wisconsin Supreme Court primary will..
Court: Ex-West Virginia judge inelig..
Kushner firm seeks court change to k..
Supreme Court blocks some redrawn No..
Court allows Pennsylvania to redraw ..
Court: Lawsuit alleging coerced conf..
UN court lays down Costa Rica, Nicar..
Judge admonishes victims' dad who ch..
Suspect in U Penn student's murder d..
Officials ask court to send Kennedy ..
Malaysia's top court annuls unilater..
Top Pakistani court orders arrest of..
Analysis: Outside groups may factor ..
Pennsylvania GOP take gerrymandering..
Court rules Puigdemont must return t..
Court rules that Kushner firm must d..
Warrant dropped for professor who sp..
Supreme Court sides with police over..
Court halts execution of Alabama inm..
Attorney general applauds high court..


   Lawyer & Law Firm Links
Bankruptcy Attorney Eugene
Eugene Bankruptcy Attorney
www.willamettevalleybankruptcy.com
Surry County Criminal Defense Lawyers
Yadkin County Family Law Attorneys
www.dirussolaw.com
Oregon DUI Law Attorney
Eugene DUI Lawyer. Criminal Defense Law
www.mjmlawoffice.com
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
Law Office Web Designs
Attorney Website Designs
www.webpromo.com
Santa Ana Workers' Compensation Lawyers
www.gentryashtonlaw.com
Houston Car Accident Attorneys
Wrongful Death Attorneys Houston
Houston Wrongful Death
Car Accidents Attorneys
New Rochelle Personal Injury
www.kboattorneys.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
 
 
© Legal News Digest. All rights reserved.

Disclaimer: The content contained on the web site has been prepared by Legal News Media as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Blog postings and hosted comments are available for general educational purposes only and should not be used to assess a specific legal situation. | Awesome Law Office Web Designs by Law Promo