WEX exchange started own tokens bought out

Ex - BTC-e cryptocurrency exchange started the program for the own tokens bought out
02 November 2017   889

Tokens were issued to compensate for the missing fiat funds of the former BTC-e cryptoexchange, which was closed due to accusations by the US authorities of money laundering and participation in unlawful activities.

The program will consist of two stages. At the first stage, tokens will be redeemed in parts. Information on the percentage of purchased tokens will be published on November 2. At the moment of press, there are no information about it in official WEX channels.

Our company is working under the laws of Singapore which considers digital currencies and tokens as a "digital asset". It means that we have the right to issue tokens, a “digital asset” with conditions and price specified at the start and available for trading.
 

WEX announcement

We will keep our eye on this situation so stay tuned! 

Vinnik Asked For Political Asylum in Greece

While the question of granting Vinnik political asylum is being considered, he can not be extradited
22 January 2018   164

Russian Alexander Vinnik, accused in the US of laundering several billion dollars, asked for political asylum in Greece. This was reported by his lawyer Ilias Spirliadis to Vesti. Ru

He noted that if his client is extradited to the American side, then they will be treated not according to European standards, but, possibly, he will be tortured. In addition, Vinnik is an expert in the field of the blockchain, and this information is of interest to the US authorities, which gives the case a political coloration, the lawyer added.

According to him, the statement was sent to the Minister of Justice of Greece, as well as to the Attorney General's Office of Athens and Thessaloniki. It will take time to review the document, so while Vinnik is not extradited anywhere. If a negative decision is taken, it can be appealed.

In addition, a complaint is being prepared to the European Court of Human Rights. Defence of the Russian believes that certain articles of the Convention on the Protection of Human Rights and Fundamental Freedoms were violated against him, reports Interfax.

In July 2017, the Greek authorities detained a 38-year-old Russian citizen Alexander Vinnik, who was accused of laundering $ 4 to $ 9 billion and manipulating the cryptocurrency. The request for its extradition was also sent by the Russian Prosecutor General's Office. At home, he is accused of major fraud. On October 4, the Greek court granted a request for the extradition of Vinnik USA. Later, the Supreme Court of Athens confirmed the legality of this decision.