Alexander Vinnik, a Russian who operated cryptocurrency platform BTC-e, is to be released as part of the exchange that freed American teacher Marc Fogel, a US official said.
Vinnik, who was arrested while on holiday in Greece in 2017 and extradited to the US, was accused of laundering billions of dollars’ worth of bitcoin through BTC-e.
He is in custody in northern California and is awaiting transportation back to Russia. He must forfeit $100mn as a condition of his release.
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