https://news.bitcoin.com/btc-e-operator ... gox-funds/The U.S. Department of Justice (DOJ) believes the Russian native, Alexander Vinnik, and the exchange BTC-e laundered billions of dollars worth of bitcoin since 2011. The indictment details that “BTC-e was an exchange used for criminals worldwide” and Vinnik used this tool to liquidate bitcoin into U.S. dollars, Rubles, and Euros.
Vinnik was arrested on July 26, and according to DOJ the exchange operator allowed money from ransomware funnel through BTC-e, as well as hacking incidents, tax fraud, and drug trafficking money
This has got to be one of the biggest stories to hit bitcoin in 2017 even with everything else going on, surprised to hear that they are also tracing coins from the Bitconica hack in this.