Distributed database that is used to maintain a continuously growing list of records, called blocks.
A Russian citizen who was detained in Greece on suspicion of money laundering with the help of bitcoins, was connected with the bitcoins exchange BTC-E. This is reported by Greek news portal Daily Thess.
According to above mentioned Daily Thess, Vinnik rested in one of the most expensive hotels in the Chalkidiki region, without even suspecting that he had been closely followed by the FBI and the Greek police for several months.
On July 25, as a result of the special operation, Alexander Vinnik was arrested, and today he was handcuffed to the Prosecutor's Office of Thessaloniki, where the procedure of his extradition to the United States was launched.
According to US law enforcement agencies, Vinnik is one of the leading members of a criminal organization that has cleared more than $ 4 billion through the BTC-e crypto exchange since 2011. It is noteworthy that Alexander Vinnik was tracked through an account in the WebMoney payment system.
The documents of the US Justice Department, sent to the Greek authorities, also state that the criminal organization was related to the part of the funds that disappeared after the bankruptcy of the Bitcoin Exchange Mt. Gox. As a result of the alleged hacking of Mt. Gox in 2014, about 850,000 BTC were abducted, and according to law enforcement agencies, 306,853 BTC of them were transferred to wallets associated with BTC-e.
The BTC-e exchange itself is called one of the world's largest electronic platforms for money laundering, obtained by criminal means. According to the US Justice Department, funds received as a result of cyberattacks and extortion, drug trafficking and tax evasion were laundered at the BTC-e.
Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen
As informs Bits.media, the portal managed to receive the information that Alexander Vinnik is one of the owners and administrators of BTC-e. This information was shared by the administrator of the qugla.com service.
BTCE is unavailable from 25th of July. The official reason is “maintenance”.