BTC-e Operator Vinnik’s Five-Year Prison Sentence Upheld by Court: Report

Kevin Reynolds reports:

The five-year prison term for Russian Alexander Vinnik, convicted in France on money laundry charges, was upheld by the Court of Appeal of Paris on Thursday, according to a report by TASS.

Vinnik, an alleged operator of the now-defunct cryptocurrency exchange BTC-e, was sentenced last December on the charge of money-laundering. Other charges, including “extortion, conspiracy and harming automatic data-processing systems,” were dropped at the time of sentencing.

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