FOLLOW US

  • facebook
  • twitter
Wed

March 4, 2026

Financial Investigations December 19, 2020

Russian BTC-e operator Alexander Vinnik appeals 5-year prison sentence in Paris

Financial Investigations ı By Dee Dulfo

806 0 Comments

The defense team of Alexander Vinnik, the Russian founder and operator of the now-defunct BTC-e cryptocurrency exchange who was sentenced to a five-year prison term,  appealed the verdict of a Paris court over money laundering charges.

According to a report by Russian news agency Kommersant, Vinnik’s lawyer, Frederic Belot, appealed the verdict, claiming that Vinnik was not involved in money laundering activities.

Paris court earlier found Vinnik, guilty of money laundering as part of an organized group. At the same time, a number of charges against Vinnik were dropped, in particular, of extortion and creation of malicious software called "Locky."

Belot argued that Vinnik was only a technical operator carrying out instructions of his "employers"

Belot argued that no “criminal group” consists of one person and that the court “did not name a single name even supposedly belonging to this group.”

Belot earlier said out of about 14 charges initially brought against Vinnik, he was found guilty only on one count.

"This is a very serious ruling in relation to Vinnik. Alexander Vinnik was sentenced to 5 years in prison on charges, for which the court had no evidence. Because these elements were the US authorities through Europol. We believe that this is a ruling that we must appeal. I am awaiting a decision from my client, whom I will see in prison," Belot said.

Belot said Vinnik was a victim of his anonymous “employers” at now-defunct crypto exchange BTC-e.

A series of ransomware attacks on French businesses between 2016 and 2018 led to 20 victims paying ransom demands issued in bitcoin through BTC-e, which is one of the world’s biggest digital currency exchanges.

Vinnik has since defended that he was only a technical operator carrying out the instructions of BTC-e directors.

Vinnik is also wanted in the U.S. and Russia. He was accused of being behind a 135 million-euro ($160 million) fraud campaign that used ransomware and the cryptocurrency bitcoin.

The  U.S. and other countries believe that Vinnick operated the BTC-e website. It is one of the first and most popular digital-currency exchanges where global customers bought and sold bitcoin and other cryptocurrencies.

Previous Article

Pompeo: Russia ‘pretty clearly’ behind cyberattack on U.S.; Trump downplays issue

Read More
180 Posts

Dee Dulfo

Dee is a journalist and a news anchor. He enjoys traveling the world with just a backpack.

Don’t Miss It
Arizona December 12, 2024
Arizona Bar Opens Investigation on Attorney Aaron Kelly
By – Paul O'Neal
America March 03, 2026
US consulate in Dubai struck as drone ignites limited fire
By – Rachel Moore
America March 03, 2026
ChatGPT uninstalls surged by 295% after Pentagon deal backlash
By – Rachel Moore
America March 03, 2026
Slutty Vegan founder files for bankruptcy amid mounting debts
By – Rachel Moore
See More
Arizona January 11, 2025
Kelly Warner Law Firm Blames USA Herald for Arizona Bar Investigation

In what appears as a desperate attempt to defend multiple allegations of fraud on the courts, the Kelly Warner Law…

By – USA Herald
Arizona January 4, 2025
Aaron Kelly Law Firm Resorts To Attacking Former Client Again On KellyWarnerLaw.com – Pattern Recognized

Attorney Aaron Kelly and his law partner Daniel Warner are currently under investigation by the Arizona Bar for legal misconduct.…

By – Jeff Watterson
Arizona December 12, 2024
Arizona Bar Opens Investigation on Attorney Aaron Kelly

USA Herald recently reported on a developing story involving Attorneys Daniel Warner and Aaron Kelly. Both Warner and Kelly have…

By – Paul O'Neal
America March 4, 2026
Moderna Reaches $950M Global Settlement To End COVID Vaccine Patent Battle

The biotechnology company Moderna Inc. has agreed to pay at least $950 million to settle global intellectual property litigation involving…

By – Tyler Brooks
America March 4, 2026
Live Nation Faces Jury Trial as Antitrust Claims Challenge Ticketing and Venue Practices

Live Nation’s legal team told a Manhattan federal jury that the company operates as a strong competitor in the live…

By – Tyler Brooks
America March 4, 2026
Samsung Galaxy S26 Ultra Introduces Game-Changing Privacy Display That Puts an End to Shoulder Surfing

At its latest Galaxy Unpacked event, Samsung introduced the new Samsung Galaxy S26 Ultra, positioning it as an “AI phone”…

By – Ahmed Boughalleb
America March 4, 2026
Rescue Bear Once Confined to a Tiny Cage Now Thriving and Hibernating in Sanctuary

A brown bear who spent the first year of her life trapped in a cramped cage outside a restaurant is…

By – Ahmed Boughalleb
America March 3, 2026
US consulate in Dubai struck as drone ignites limited fire

Smoke curled into the Gulf sky Tuesday after the US consulate in Dubai struck by a drone ignited a brief…

By – Rachel Moore
America March 3, 2026
ChatGPT uninstalls surged by 295% after Pentagon deal backlash

ChatGPT uninstalls surged by 295% on February 28 after news broke that OpenAI had struck a deal with the United…

By – Rachel Moore
America March 4, 2026
Moderna Reaches $950M Global Settlement To End COVID Vaccine Patent Battle

The biotechnology company Moderna Inc. has agreed to pay at least $950 million to settle global intellectual property litigation involving…

By – Tyler Brooks
America March 4, 2026
Live Nation Faces Jury Trial as Antitrust Claims Challenge Ticketing and Venue Practices

Live Nation’s legal team told a Manhattan federal jury that the company operates as a strong competitor in the live…

By – Tyler Brooks
America March 4, 2026
Samsung Galaxy S26 Ultra Introduces Game-Changing Privacy Display That Puts an End to Shoulder Surfing

At its latest Galaxy Unpacked event, Samsung introduced the new Samsung Galaxy S26 Ultra, positioning it as an “AI phone”…

By – Ahmed Boughalleb
America March 4, 2026
Rescue Bear Once Confined to a Tiny Cage Now Thriving and Hibernating in Sanctuary

A brown bear who spent the first year of her life trapped in a cramped cage outside a restaurant is…

By – Ahmed Boughalleb
America March 3, 2026
US consulate in Dubai struck as drone ignites limited fire

Smoke curled into the Gulf sky Tuesday after the US consulate in Dubai struck by a drone ignited a brief…

By – Rachel Moore
America March 3, 2026
ChatGPT uninstalls surged by 295% after Pentagon deal backlash

ChatGPT uninstalls surged by 295% on February 28 after news broke that OpenAI had struck a deal with the United…

By – Rachel Moore
America March 4, 2026
Moderna Reaches $950M Global Settlement To End COVID Vaccine Patent Battle

The biotechnology company Moderna Inc. has agreed to pay at least $950 million to settle global intellectual property litigation involving…

By – Tyler Brooks
America March 4, 2026
Live Nation Faces Jury Trial as Antitrust Claims Challenge Ticketing and Venue Practices

Live Nation’s legal team told a Manhattan federal jury that the company operates as a strong competitor in the live…

By – Tyler Brooks
America March 4, 2026
Samsung Galaxy S26 Ultra Introduces Game-Changing Privacy Display That Puts an End to Shoulder Surfing

At its latest Galaxy Unpacked event, Samsung introduced the new Samsung Galaxy S26 Ultra, positioning it as an “AI phone”…

By – Ahmed Boughalleb
America March 4, 2026
Rescue Bear Once Confined to a Tiny Cage Now Thriving and Hibernating in Sanctuary

A brown bear who spent the first year of her life trapped in a cramped cage outside a restaurant is…

By – Ahmed Boughalleb
America March 3, 2026
US consulate in Dubai struck as drone ignites limited fire

Smoke curled into the Gulf sky Tuesday after the US consulate in Dubai struck by a drone ignited a brief…

By – Rachel Moore
America March 3, 2026
ChatGPT uninstalls surged by 295% after Pentagon deal backlash

ChatGPT uninstalls surged by 295% on February 28 after news broke that OpenAI had struck a deal with the United…

By – Rachel Moore
America February 11, 2026
Nancy Guthrie Investigation Continues as Person of Interest Released and Home Searched in Rio Rico

Authorities in Arizona are intensifying their search for Nancy Guthrie, 84, the mother of “Today” co-host Savannah Guthrie, who has…

By – Ahmed Boughalleb
America February 10, 2026
What is Aegosexuality?

As conversations around sexuality continue to expand, so does the language we use to describe it. Sexuality terms are gaining…

By – Jackie Allen
America February 8, 2026
Donald Trump Responds as Iranian Protesters Gain Ground in Unprecedented Nationwide Uprising

Iran’s Supreme Leader Ali Khamenei is openly blaming Donald Trump as nationwide protests continue to expand and intensify. And Donald…

By – Jackie Allen
America February 8, 2026
Savannah Guthrie’s Mom Missing in Arizona: Search Intensifies as FBI Joins Investigation

The desperate search for Savannah Guthrie’s mom continues in Arizona, with authorities entering the fourth day of a widening investigation…

By – Jackie Allen
America February 8, 2026
Flaming Star Nebula: A Runaway Star Sets the Cosmos Aglow

Astrophotographer Greg Meyer has unveiled a breathtaking portrait of the Flaming Star Nebula, where the brilliant blue star AE Aurigae…

By – Jackie Allen
America February 5, 2026
Linked to China: Google Engineer Linwei Ding Convicted in Landmark AI Espionage Case

A federal jury has convicted former Google software engineer Linwei Ding of stealing a trove of the company’s most sensitive…

By – Jackie Allen
America March 4, 2026
Moderna Reaches $950M Global Settlement To End COVID Vaccine Patent Battle

The biotechnology company Moderna Inc. has agreed to pay at least $950 million to settle global intellectual property litigation involving…

By – Tyler Brooks
America March 4, 2026
Live Nation Faces Jury Trial as Antitrust Claims Challenge Ticketing and Venue Practices

Live Nation’s legal team told a Manhattan federal jury that the company operates as a strong competitor in the live…

By – Tyler Brooks
America March 4, 2026
Samsung Galaxy S26 Ultra Introduces Game-Changing Privacy Display That Puts an End to Shoulder Surfing

At its latest Galaxy Unpacked event, Samsung introduced the new Samsung Galaxy S26 Ultra, positioning it as an “AI phone”…

By – Ahmed Boughalleb
America March 4, 2026
Rescue Bear Once Confined to a Tiny Cage Now Thriving and Hibernating in Sanctuary

A brown bear who spent the first year of her life trapped in a cramped cage outside a restaurant is…

By – Ahmed Boughalleb
America March 3, 2026
US consulate in Dubai struck as drone ignites limited fire

Smoke curled into the Gulf sky Tuesday after the US consulate in Dubai struck by a drone ignited a brief…

By – Rachel Moore
America March 3, 2026
ChatGPT uninstalls surged by 295% after Pentagon deal backlash

ChatGPT uninstalls surged by 295% on February 28 after news broke that OpenAI had struck a deal with the United…

By – Rachel Moore
America March 3, 2026
The Underground Cosmetic Injection Market: Unlicensed “Doctor” Arrested Mid-Procedure in Miami Botox Sting

[FLORIDA] – A Miami woman accused of posing as a doctor while performing cosmetic injections was arrested in the middle…

By – Samuel Lopez
America February 8, 2026
Mike Tyson Urges Americans to ‘Eat Real Food’ in Emotional Super Bowl Ad Highlighting Health Risks

Boxing legend Mike Tyson is using his platform ahead of Super Bowl 60 to address a personal and national health…

By – Tyler Brooks
America February 7, 2026
Deadly “Death Cap” Mushrooms in California Cause Multiple Deaths and Liver Transplants Amid Rare Super Bloom

California health officials are warning the public after four deaths and three liver transplants linked to the highly toxic death…

By – Ahmed Boughalleb
America February 7, 2026
From Migraines to Miracles: How Becca Valle Survived a Glioblastoma Diagnosis Against the Odds

Becca Valle, 41, thought her headaches were just migraines—until a sudden, unbearable pain revealed something far more serious. In September…

By – Tyler Brooks
America February 7, 2026
New York Approves Medical Aid in Dying for Terminally Ill Patients

New York Governor Kathy Hochul on Friday signed a law allowing terminally ill residents with less than six months to…

By – Tyler Brooks
America February 6, 2026
California Jury Awards $25 Million to Man Who Developed Lung Disease Linked to PAM Butter-Flavored Cooking Spray

A California civil jury has awarded $25 million to Ronald Esparza after finding Conagra Brands liable for causing his debilitating…

By – Tyler Brooks
America February 10, 2026
What is Aegosexuality?

As conversations around sexuality continue to expand, so does the language we use to describe it. Sexuality terms are gaining…

By – Jackie Allen
America February 9, 2026
Bad Bunny’s Super Bowl Halftime Show Breaks Language Barriers and Ignites Cultural, Political Debate

Bad Bunny’s headlining performance at the Super Bowl 60 halftime show is drawing national attention, with fans and critics debating…

By – Tyler Brooks
America February 8, 2026
Donald Trump Responds as Iranian Protesters Gain Ground in Unprecedented Nationwide Uprising

Iran’s Supreme Leader Ali Khamenei is openly blaming Donald Trump as nationwide protests continue to expand and intensify. And Donald…

By – Jackie Allen
America February 8, 2026
Savannah Guthrie’s Mom Missing in Arizona: Search Intensifies as FBI Joins Investigation

The desperate search for Savannah Guthrie’s mom continues in Arizona, with authorities entering the fourth day of a widening investigation…

By – Jackie Allen
America February 8, 2026
Flaming Star Nebula: A Runaway Star Sets the Cosmos Aglow

Astrophotographer Greg Meyer has unveiled a breathtaking portrait of the Flaming Star Nebula, where the brilliant blue star AE Aurigae…

By – Jackie Allen
America February 8, 2026
Terrance Gore, Former MLB Star and Three-Time World Series Champion, Passes Away at 34

Terrance Gore, a former Major League Baseball outfielder celebrated for his blazing speed and clutch base running, has died at…

By – Tyler Brooks

No posts found.

No posts found.

No comments No comments yet. Be the first to comment!

Signup for the USA Herald
exclusive Newsletter