Movement Detected in 3421 BTC Linked to BTC-e Exchange

Since 2013, 1078 BTC associated with the BTC-e exchange have remained dormant, but have now begun to move through a series of wallets. This activity was noted by experts from Goldfoundinshit TM.

Recently, analysts from the service recorded the movement of 2343 BTC, which entered an address in 2013 via a CoinJoin transaction. These assets, passed through a mixer, were also linked to the platform.

“In total: 3421 BTC ($324.24 million) with a BTC-e taint!” the service specialists emphasized.

In February, Alexander Vinnik, accused of laundering at least $4 billion through the exchange, returned to Russia in a swap. The entrepreneur was detained in Greece in the summer of 2017. In 2020, he was extradited to France, where he was later sentenced to five years in prison and fined €100,000. Charges of extortion and creating the Locky malware were dropped.

In August 2022, Vinnik was taken to the United States, where he faced a potential 55-year prison sentence. In May 2024, the Russian pleaded guilty to conspiracy to launder money through the trading platform. He was held accountable for losses amounting to at least $121 million. In his homeland, Vinnik was also accused of fraud.

Following the entrepreneur’s return, Russian authorities dropped charges against him.

According to the US Department of Justice, Vinnik, along with Alexey Bilyuchenko (Ivanov) and Belarusian and Cypriot citizen Alexander Klimenko, owned BTC-e from 2011 to July 2017.

In March, the verdict in the case of “Red Admin” WEX Bilyuchenko came into force in Russia.