Posted 2/2/2024, 3:33:26 PM
Russian National Indicted for Running Unlicensed Crypto Exchange Linked to Cybercrimes
- Aliaksandr Klimenka indicted in U.S. for running unlicensed crypto exchange BTC-e and laundering cybercrime proceeds
- BTC-e facilitated transactions linked to ransomware, hacking, identity theft, drug trafficking
- BTC-e served Russian market, didn't require KYC or have anti-money laundering measures
- Klimenka controlled BTC-e from 2011-2017 when founder Alexander Vinnik was arrested
- Faces up to 25 years in prison for money laundering conspiracy and operating unlicensed money services business