July 27, 2017 / 1:16 AM / 3 months ago

Russian indicted in U.S. on charges of running bitcoin laundering ring

WASHINGTON (Reuters) - A Russian national suspected of being the mastermind behind a crypto-currency exchange has been indicted by a grand jury in California on money laundering charges, the U.S. Justice Department said on Wednesday.

Alexander Vinnik, a 38 year old Russian man (L) suspected of running a money laundering operation, is escorted by a plain-clothes police officer to a court in Thessaloniki, Greece July 26, 2017. REUTERS/Alexandros Avramidis

Alexander Vinnik, who was arrested in Greece on Tuesday, allegedly operated the BTC-e virtual currency exchange and used it to launder money, including funds from the hack of Mt. Gox, an earlier digital currency exchange that eventually failed, the Justice Department said in a statement.

Reporting by Eric Beech; Editing by Leslie AdlerEditing by Leslie Adler

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