Furthermore, the Justice Deparment alleged that BTC-e failed to file a suspicious activity reports (SARs). Instead, it received proceeds from ransomware schemes, transferred funds to and from known dark net marketplaces. It also deposited funds stolen from other digital currency exchanges such as Mt. Gox into BTC-e accounts controlled by Binnik.
The Justice Department is seeking the extradition of Binnik to the United States from Greece, where he is currently incarcerated.
FinCEN determined that the defendants willfully violated the BSA. It is seeking $12 million in penalties against Binnik and $88,596,314 in penalties against BTC-e.
