--- title: "Russian Operator of BTC-e Crypto Exchange Pleads Guilty to Money Laundering" url: https://daily.dev/posts/russian-operator-of-btc-e-crypto-exchange-pleads-guilty-to-money-laundering-bsqo4vuwl source_url: https://thehackernews.com/2024/05/russian-operator-of-btc-e-crypto.html type: article source: "The Hacker News" published: 2024-05-07T09:42:59.737Z updated: 2024-05-09T08:43:33.910Z tags: ["crypto", "bitcoin"] reading_time: 2 upvotes: 1 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Russian Operator of BTC-e Crypto Exchange Pleads Guilty to Money Laundering **[The Hacker News](https://daily.dev/sources/thn)** · 2 min read · 1 upvotes · 0 comments ## Summary Russian operator of BTC-e cryptocurrency exchange, Alexander Vinnik, has pleaded guilty to money laundering charges from 2011 to 2017. BTC-e facilitated transactions for cybercriminals worldwide, received over $4 billion worth of bitcoin, and processed over $9 billion-worth of transactions. Vinnik was responsible for a loss amount of at least $121 million. Another BTC-e operator, Aliaksandr Klimenka, has also been charged. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 0 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments --- Tags: [#crypto](https://daily.dev/tags/crypto), [#bitcoin](https://daily.dev/tags/bitcoin) [View this post on daily.dev](https://daily.dev/posts/russian-operator-of-btc-e-crypto-exchange-pleads-guilty-to-money-laundering-bsqo4vuwl)