Alexander Vinnik Arrested - BTC-E Still Down

[virtualpurity]

Vinnik is suspected to be one of the co-founders or at least one of the key figures of BTC-e and got arrested today in Greece.

https://www.theverge.com/2017/7/26/...bitcoin-alexander-vinnik-mt-gox-theft-suspect

He is also the main suspect in the Mt-Gox investigation for laundering the money that were stolen from mtgox wallet.

http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html

In the same time BTCE is still down, and they wrote that their issues will be resolved in 5-10 days.

What do you think, is this a coincidence ?

I had my fair share of coins there as well so i hope we wont be seeing another mtgox all over again.

 

[lancis]

5-10 days to restore the service...
Either they have half programmer, or the reasons are not technical.

 

[virtualpurity]

To make things even worse there is a speculation that a big chunk of btc`s are transferred straight from the btc-e cold wallet on the day of the website going down.

https://blockchain.info/address/18f1yugoAJuXcHAbsuRVLQC9TezJ6iVRLp

66,163 BTC`s - $164,070,788 aprox..

https://twitter.com/Blockchair/status/889956477720571905

 

[bartosimpsonio]

The MtGox money is being tracked all over the globe.

 

[laur.laurix]

I don`t understand this fucktards if u are able to wash 4 billions move to panama buy a town hire a small army to protect u and do ur thing from there. Don`t wonder around in fucking Greece.

 

[lancis]

Well, now it official, BTC-E is not coming back.

A grand jury in the Northern District of California has indicted a Russian national and an organization he allegedly operated, BTC-e, for operating an unlicensed money service business, money laundering, and related crimes.

https://www.justice.gov/usao-ndca/pr/russian-national-and-bitcoin-exchange-charged-21-count-indictment-operating-alleged

 

[MikeTO2]

I stil have my money on this site. what a huge lost!

 

[Deleted member 855230]

Holy shit, he tried to steal $4 billion dollars. That's the most ridiculous thing I've ever heard. I'd like to shake that man's hand!

 

[Tozzy]

Strange while seeing that fuckup BTC is still rising atm.

 

[VikingAds]

I don`t understand this fucktards if u are able to wash 4 billions move to panama buy a town hire a small army to protect u and do ur thing from there. Don`t wonder around in fucking Greece.

Was thinking the same thing. Europe would probably be one of the last places on my mind to live if I'd taken a significant amount of money like this

 

[lancis]

Holy shit, he tried to steal $4 billion dollars. That's the most ridiculous thing I've ever heard. I'd like to shake that man's hand!

He didn't try to steal 4B$, quoting the US Govt statement:

The investigation has revealed that BTC-e received more than $4 billion worth of bitcoin over the course of its operation

He stole from Mt Gox to get his initial capital - that is international crime.
Then he founded BTC-E as a legitimate business (in my eyes), which is now claimed to be illegal by US govt largely because it was anonymous.
Anonymity is not a crime in my eyes, especially given that he operated outside US jurisdiction.

If he laundered money via BTC-E thats once again international crime. However, I fail to see why he would need to launder money with such a successful business. So that part doesnt make sense.
Its possible that US citizens laundered money via BTC-E, but then the straight logic says that US Govt should concentrate on finding those US citizens instead trying to shut BTC-E down.

 

[JustAnotherPanel]

Well, now it official, BTC-E is not coming back.




https://www.justice.gov/usao-ndca/p...charged-21-count-indictment-operating-alleged

I stil have my money on this site. what a huge lost!

Was thinking the same thing. Europe would probably be one of the last places on my mind to live if I'd taken a significant amount of money like this

He didn't try to steal 4B$, quoting the US Govt statement:


He stole from Mt Gox to get his initial capital - that is international crime.
Then he founded BTC-E as a legitimate business (in my eyes), which is now claimed to be illegal by US govt largely because it was anonymous.
Anonymity is not a crime in my eyes, especially given that he operated outside US jurisdiction.

If he laundered money via BTC-E thats once again international crime. However, I fail to see why he would need to launder money with such a successful business. So that part doesnt make sense.
Its possible that US citizens laundered money via BTC-E, but then the straight logic says that US Govt should concentrate on finding those US citizens instead trying to shut BTC-E down.

I had around 3k$ worth of LTC on that website.
Should forget about them ? or the website might be online again soon ?

 

[Deleted member 657006]

I had around 3k$ worth of LTC on that website.
Should forget about them ? or the website might be online again soon ?

They still might trade wait and see , or your f@@@@@ some ppl got 25k invested even more , because the trend was btc was raising so heigh everybody invested ...

I am so glad i didnt get greedy .....

 

[virtualpurity]

I had around 3k$ worth of LTC on that website.
Should forget about them ? or the website might be online again soon ?

I wont get my hopes much since It seems that BTC-e Is gone for good as pointed out by the post above.

https://www.justice.gov/usao-ndca/p...charged-21-count-indictment-operating-alleged

 

[hero76]

Btc - e is dead folks, it will take a decade to get your money. They will value it from the day it was closed and not what its worth 10 years from now!

 

[gentishady]

Holy shit, he tried to steal $4 billion dollars. That's the most ridiculous thing I've ever heard. I'd like to shake that man's hand!

U made my night bro lol

 

[virtualpurity]

https://btc-e.com/index.html

Well i guess that was it. RIP anyone who had funds there.

 

[AlumniAce]

I had around 3k$ worth of LTC on that website.
Should forget about them ? or the website might be online again soon ?

my condolences for your loss... tip: NEVER hold coins on an exchange

 

[LordWilling]

5-10 days to restore the service...
Either they have half programmer, or the reasons are not technical.

Could not have said it any better myself.

 

[LordWilling]

To make things even worse there is a speculation that a big chunk of btc`s are transferred straight from the btc-e cold wallet on the day of the website going down.

https://blockchain.info/address/18f1yugoAJuXcHAbsuRVLQC9TezJ6iVRLp

66,163 BTC`s - $164,070,788 aprox..

https://twitter.com/Blockchair/status/889956477720571905

What more can ya say? Where's there is smoke there is most certainly fire. Get out if and while you can. Everyone.