ViaBTC stops trading

Another Chinese cryptocurrency stops trading; Bitcoin continues to fall
15 September 2017   1254

Crypto-currency exchange ViaBTC announced the termination of work since September 30, 2017. This decision was made in the light of the statement of the People's Bank of China on the ban on the ICO and against the backdrop of numerous rumors that the activities of the exchanges will also be prohibited.

The mining pool and the cloud-mining service, as assured by the company, will continue to work.

The official statement of ViaBTC says that the site will be closed on September 30 in the territory of mainland China. Over the next two weeks, the exchange intends to complete the process of withdrawing funds to user addresses.

Trading operations, registration of new users and acceptance of deposits will be stopped as early as September 25, and on the last day of the month the site will be completely closed.

As noted in the message, since the opening of the exchange in June 2017, its customers have become more than 100k people worldwide.

Bitcoin chart

With all this China related news, Bitcoin continues its rapid fall. Lost almost 20% in 24 hours.

Top cryptocurrencies
Top cryptocurrencies

As you can see on the chart above, Bitcoin average price is $3118.27. Also, all top ten cryptocoins continues their fall too. Ethereum lost almost 20% too ($218.88); Litecoin lost more almost 30% ($42.32)!

Vinnik Extradtion to France to be Supported by SCoG

Alexander is holding the hunger strike for 24 days and lost around 9 kilos
19 December 2018   22

Following the trial court of the city of Thessaloniki, the Greek Areopagus decided to extradite Alexander Vinnik, suspected of laundering $ 4 billion through the BTC-e cryptocurrency exchange, to France. Thus, the appeal of Russian lawyers was rejected, reports TASS referring to the chairman of the court Angelique Aliferopoul.

After the announcement of the verdict, Alexander Vinnik declared that he would continue the hunger strike against the arbitrary rule of the Greek authorities, which began in mid-November.

I have been starving for 24 days. Yesterday I was weighed; according to the documents, I lost 8 kg. But they did not immediately begin to weigh me, only on the third day. So I lost 9 kg. If I'll be extradited to Moscow, I will stop starving.

Alexander Vinnik


Alexander Vinnik was detained in Greece at the request of the American authorities on July 25, 2017. In June 2018, Vinnik was arrested in absentia in Russia on charges of cyber fraud on a large scale.

At the moment, there have been several court decisions on the extradition of Vinnik - at the request of the United States, at the request of France and two decisions at the request of Russia. The final decision on the case will take the Minister of Justice of Greece.