BTC-e Operator Vinnik’s Five-Year Prison Sentence Upheld by Court: Report

Kevin Reynolds reports: The five-year prison term for Russian Alexander Vinnik, convicted in France on money laundry charges, was upheld by the Court of Appeal of Paris on Thursday, according to a report by TASS. Vinnik, an alleged operator of the now-defunct cryptocurrency exchange BTC-e, was sentenced last December on the charge of money-laundering. Other charges, including “extortion, conspiracy and harming automatic data-processing systems,” were dropped at the time of sentencing. Read more on Yahoo! More background here.DataBreaches.netRead More