BTC-e cryptocurrency operator, Alexander Vinnik sentenced to 5 years in French prison

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According to the Associated Press,  Ariane Zimra, an attorney for Vinnik, believes that they will be successful on appeal. She argued that since cryptocurrency is not legally recognized as “money,” her client’s conviction for money laundering “doesn’t make sense.” 

The U.S. is still hoping to someday put Vinnik on trial.

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