News with the tag "WEX"

The Argentine justice system has ordered Tether, the issuer of the USDT stablecoin, to freeze over $3.5 million linked to Rainbowex, an alleged mega pyramid operation that is currently under investigation. The request comes after the execution of 22 search warrants and the detention of 10 individual...

Polish authorities have apprehended Dmitry V., the former head of Russia-based crypto exchange WEX, following a U.S. Department of Justice extradition request. Dmitry V., whose identity is partially concealed under Polish law, is accused of fraud and money laundering during his tenure at WEX. WEX, o...

In a landmark case within the cryptocurrency industry, Polish authorities have arrested Dmitry V., the former CEO of the Russia-based crypto exchange WEX , following an extradition request from the U.S. Department of Justice. This arrest underscores the escalating efforts by international law enforc...

The former crypto executive was previously arrested in Poland in 2021 over related matters but was released after 40 days.

The Polish police detained a Russian citizen linked to the now-collapsed WEX exchange for alleged fraud and money laundering. US authorities solicited his extradition for his crypto-related crimes and currently await the completion of the extradition process. WEX’s ‘Crypto King’ Detained In Poland O...

Alexei Bilyuchenko, the former technology administrator of BTC-e exchange and co-founder of WEX, has been sentenced by the Meshchansky District Court of Moscow. He will serve 3 years and 6 months in prison for misappropriating the exchange’s funds. Additionally, Bilyuchenko has been slapped with a f...

Aleksey Bilyuchenko, co-founder of Wex, the successor of the infamous Russian crypto exchange BTC-e, will spend only a couple of years in prison. The Russian, who is charged in the U.S. with money laundering, has been sentenced in his homeland as the only defendant in a case over the collapse of Wex...