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andrzej.srankiewicz
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Owner Of Russia's Largest BTC Exchange Arrested – Money May Be Lost

Thu Jul 27, 2017 12:05 am

The largest Russian cryptocurrency exchange, BTC-e, froze all transactions soon after the arrest one of its co-owners. BTC-e user funds may be lost.

Yesterday, July 25, Greek police arrested 38-year-old Russian citizen Alexander Vinnik, who turned out to be a co-owner of one of the largest and most popular Bitcoin exchanges in Russia. He was arrested in Thessaloniki, Greece, on a US warrant, on suspicion of laundering $4 million via Bitcoin transactions. According to a report by Bits.media, the BTC-e exchange had gone offline sometime Tuesday morning, July 26, and remains unavailable. The first message from the team of BTC-e stating that the exchange is offline due to "unscheduled technical work" appeared on its official Twitter page one hour later.

Read the full article: https://coinidol.com/owner-of-btc-e-arrested/

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kingcoinbase
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Re: Owner Of Russia's Largest BTC Exchange Arrested – Money May Be Lost

Thu Aug 03, 2017 6:28 am

See this might be the problem BTC would possibly has.. It's so highly valued, that even the owner or founder want to take all those coins.

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