Paris Court Places Arrest Over Alexander Vinnik For Alleged Bitcoin Scam Worth $4 Billion

Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
  • Alexander Vinik deported from Greece court past week has faced a trial in the judicial court of Paris where he sentenced for continued arrest.
  • Alexander Vinnik reported having scammed using Bitcoins worth $4 Billion to $9 Billion.
  • The court session of Alexander Vinnik happened over five hours in closed premises without any media interference.

The Russian national Alexander Vinik deported from Greece court past week has faced a trial in the judicial court of Paris where he sentenced for continued arrest. Vinnik’s lawyer Timofey Musatov reported that he had filed an appeal for Vinnik in the court.

The arrest was placed by the Paris court to await further investigations and for his safety as well said the lawyer. After the placement of the verdict, the lawyer said that they have ten available days to file an appeal to the court.

The lawyer of Vinnik and other defending members shared that court jurisdiction is strict in French as there is no much response given by the court to the opinion of the defendants and Vinnik.

The court session of Alexander Vinnik happened over five hours in closed premises without any media interference; all the details of the court rule were shared post-session by the lawyers. Before the French Court rule, he was deported from Greece when he was arrested back in 2017 as per the request of the United States over the same matter.

Now the Greece court had deported, and the French are scaling the offenses done by Vinnik. Alexander Vinnik is a Russian nationalist who is pro in the IT sector. The Russian court has now reportedly dismissed all the charges against Alexander Vinnik and is ready to bring him back home.

Back in 2017, Alexander Vinnik reported having scammed using Bitcoins worth $4 Billion to $9 Billion. He used a crypto exchange, self-designed to launder Bitcoins and assets, and now the transaction is said to be defunct. Vinnik also wanted in other cases, such as the one in his hometown, where he had attempted theft of $10,000 from a defrauded entity.

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