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US to release Russian in exchange for freed American teacher Marc Fogel

n70products by n70products
February 12, 2025
in Cryptocurrency
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US to release Russian in exchange for freed American teacher Marc Fogel
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Alexander Vinnik, a Russian who operated cryptocurrency platform BTC-e, is to be launched as a part of the alternate that freed American trainer Marc Fogel, a US official mentioned.

Vinnik, who was arrested whereas on vacation in Greece in 2017 and extradited to the US, was accused of laundering billions of {dollars}’ value of bitcoin by means of BTC-e.

He’s in custody in northern California and is awaiting transportation again to Russia. He should forfeit $100mn as a situation of his launch.

“We view this as a good alternate. This wasn’t the service provider of loss of life for a basketball participant,” the official mentioned, in an obvious reference to Russian arms seller Viktor Bout, who the US launched in 2022 in alternate for WNBA participant Brittney Griner.

Vinnik was accused in 2017 of serving to launder cash for felony syndicates all over the world, in addition to id theft and facilitating drug trafficking, incomes BTC-e greater than $4bn value of bitcoin. He pleaded responsible to conspiracy to commit cash laundering final yr.

Prosecutors additionally alleged BTC-e was concerned in ransomware assaults and different cyber felony actions.

Fogel was launched on Tuesday and was obtained on the White Home late that night time by President Donald Trump, Republican congressional management and particular envoy Steve Witkoff.

Trump declined to touch upon whether or not he had spoken to Russian President Vladimir Putin about Fogel.

Witkoff flew to Moscow to barter the deal to safe Fogel’s return.

The White Home described the American’s launch as a present of “good religion” from Moscow that will assist talks to finish the war in Ukraine. It’s “an indication we’re transferring in the suitable path to finish the brutal and horrible warfare in Ukraine”, US nationwide safety adviser Mike Waltz mentioned on Tuesday.

Fogel was detained in 2021 for possession of medical marijuana and was serving a 14-year jail sentence in Russia.

When he arrived on the White Home, he mentioned he was “now in a dream world”.



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Tags: AmericanExchangeFogelfreedMarcReleaseRussianteacher
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