Aug 28, 2022 05:05
<p>Early in 2021 the US Securities and Exchange Commission (SEC) charged <a href="https://www.financemagnates.com/cryptocurrency/news/us-regulator-charges-latvian-man-for-7-million-crypto-fraud/" target="_blank">Ivars Auzins</a> (29) with fraud. According to the allegations, between November 2017 and July 2019 Auzins received more than $7 million to Auzins companies.</p><p>After receiving the funds (in cryptocurrencies), the companies disappeared without providing the services it said to deliver. On 26 August Auzins was extradited to the United States.</p><p>The United States Attorney for the Eastern District of New York Breon Peace and Michael J. Driscoll, assistant director-in-charge of the New York Field Office of the FBI made the following statement:</p><p>'Auzins perpetrated a brazen scheme in which he fleeced investors who funneled millions of dollars into fraudulent cryptocurrency.</p><p>'This Office will continue to vigorously investigate and prosecute those who lie and steal from investors, including those like the defendant who operate from abroad.'</p><p>Alexander Vinnik Extradited to the US</p><p>At the beginning of August Alexander Vinnik, the alleged operator of BTC-e was extradited from Greence to the US. Based on the allegations, Vinnik conducted business with drug dealers and ransomware hackers via the crypto <a href="https://www.financemagnates.com/terms/e/exchange/" target="_blank" id="b5da6e64-2afe-421d-9b81-16404b7d59d6_2" class="terms__main-term">exchange</a>.</p><p>Vinnik was first arrested in Greece in 2017 due to a US warrant. Greece approved the extradition, however, as a European arrest warrant was issued, Vinnik was sent to France.</p><p>He was <a href="https://www.financemagnates.com/cryptocurrency/news/appeal-denied-btc-es-alexander-vinnik-faces-5-years-in-french-prison/" target="_blank">sentenced for 5 years</a> for <a href="https://www.financemagnates.com/terms/m/money-laundering/" target="_blank" id="f30ffb65-351e-44d6-9dae-0714f08b59b2_1" class="terms__secondary-term">money laundering</a>, identity theft and extortion. Upon his return to Greece he was immediately boarded on another plane to the United States.</p><p>In July the US withdrew its request to exterdite Vinnik, hoping Greece will send the Russian to them upon his return (as the extradition was already approved by the Greek court).</p><p>Russia was outranged by Greece's decision. Foreign Ministry spokesperson Maria Zakharova released the following statement:</p><p>'We are outraged by the unfriendly actions of the Greek authorities, who, under pressure from the United States, who launched a real hunt for Russian citizens in third countries under far-fetched pretexts, extradited our compatriot Alexander Vinnik to the reprisal of American punitive justice.</p><p>'In violation of Article 36 of the Vienna Convention on Consular Relations of 1963 and contrary to the official appeal of the Russian Embassy in Athens, consular officers of the diplomatic mission, his lawyer and interpreter were not allowed to visit the Russian.'</p><p><a href="https://mid.ru/ru/foreign_policy/news/1825301/" target="_blank" rel="nofollow">Full statement</a></p>
This article was written by Matti Williamson at www.financemagnates.com.
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