detention

Russia Seeks Clarification From France on Telegram CEO Pavel Durov’s Arrest

August 26, 2024 Bitcoin.com

Arrest

The Russian Foreign Ministry has disclosed that its embassy in France has sought clarification on the detention of Telegram CEO Pavel Durov. The embassy stated that it aims to protect his rights, but France has been uncooperative. Durov’s arrest has sparked controversy, with Russian officials labeling him a political prisoner. Russia Seeks Answers on Telegram […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition

March 30, 2023 Bitcoin.com

Arrest

Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation, its justice minister indicated. Alleged South Korean […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

March 26, 2023 Bitcoin.com

Appeal

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Another Member of Russian Crypto Pyramid Finiko Arrested in UAE

December 11, 2022 Bitcoin.com

Arrest

Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced in the past month. Finiko Fraudster Caught […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Co-Founder of Russia’s Largest Crypto Pyramid Finiko Arrested in UAE

November 18, 2022 Bitcoin.com

Arrest

One of the founders of Russia’s most notorious Ponzi scheme in recent times, Finiko, is in detention in the United Arab Emirates, according to a Russian media report. The close associate of the crypto pyramid’s mastermind left the Russian Federation as the scam collapsed last summer. UAE Authorities Review Russian Extradition Request for Top Finiko […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US

August 18, 2022 Bitcoin.com

Arrest

A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam last November. Alleged Russian Money Launderer Handed Over to U.S. […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Another 6 Members of Finiko Crypto Pyramid Arrested in Russia

April 23, 2022 Bitcoin.com

arrests

Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in the Republic of Tatarstan and Russia proper have conducted dozens of searches as part of an ongoing investigation into the pyramid, which defrauded investors around the world. New Arrests in Finiko Case Made in Russian […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Alleged Hydra Administrator Dmitry Pavlov Reportedly Arrested In Russia

April 16, 2022 Bitcoin.com

administrator

A district court in Moscow has arrested a man whom local media reports identify as Dmitry Pavlov, alleged administrator of the recently shut down darknet market Hydra. Russian authorities believe he has been involved in drug-related crime punishable by up to 20 years in prison. Moscow Court Arrests Russian Believed to Be Hydra Administrator Meshchansky […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Wex Exchange Co-Owner Reportedly Detained in Russia

March 23, 2022 Bitcoin.com

Arrest

Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the detained person is one of the owners of Wex, successor of the infamous BTC-e exchange. Owner of Wex Exchange Apprehended in Russia Russian law enforcement agencies have […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Ex-Head of Crypto Exchange Wex Released in Poland

January 1, 2022 Bitcoin.com

Arrest

Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish Court Rejects Extradition of Wex Executive to Kazakhstan Authorities in […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces