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Bitcoin
Bitcoin (BTC)
$103,390.00 4.35851
Bitcoin price
Ethereum
Ethereum (ETH)
$2,288.25 19.78233
Ethereum price
BNB
BNB (BNB)
$631.51 2.99058
BNB price
Solana
Solana (SOL)
$164.43 8.93785
Solana price
XRP
XRP (XRP)
$2.32 6.64313
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000146 9.36074
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 30.63776
Pepe price
Bonk
Bonk (BONK)
$0.0000204 10.23962
Bonk price
dogwifhat
dogwifhat (WIF)
$0.699608 12.51174
dogwifhat price
Popcat
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$0.503467 7.37609
Popcat price
Bitcoin
Bitcoin (BTC)
$103,390.00 4.35851
Bitcoin price
Ethereum
Ethereum (ETH)
$2,288.25 19.78233
Ethereum price
BNB
BNB (BNB)
$631.51 2.99058
BNB price
Solana
Solana (SOL)
$164.43 8.93785
Solana price
XRP
XRP (XRP)
$2.32 6.64313
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000146 9.36074
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 30.63776
Pepe price
Bonk
Bonk (BONK)
$0.0000204 10.23962
Bonk price
dogwifhat
dogwifhat (WIF)
$0.699608 12.51174
dogwifhat price
Popcat
Popcat (POPCAT)
$0.503467 7.37609
Popcat price
Bitcoin
Bitcoin (BTC)
$103,390.00 4.35851
Bitcoin price
Ethereum
Ethereum (ETH)
$2,288.25 19.78233
Ethereum price
BNB
BNB (BNB)
$631.51 2.99058
BNB price
Solana
Solana (SOL)
$164.43 8.93785
Solana price
XRP
XRP (XRP)
$2.32 6.64313
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000146 9.36074
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 30.63776
Pepe price
Bonk
Bonk (BONK)
$0.0000204 10.23962
Bonk price
dogwifhat
dogwifhat (WIF)
$0.699608 12.51174
dogwifhat price
Popcat
Popcat (POPCAT)
$0.503467 7.37609
Popcat price

Moscow court sentences ex-BTC-e administrator to 3.5 years in prison

Dalmas Ngetich
Edited by
News
Moscow court sentences ex-BTC-e administrator to 3.5 years in prison

The Meshchansky District Court of Moscow has sentenced Alexei Bilyuchenko, the former technology administrator of BTC-e exchange and co-founder of WEX, to 3 years and 6 months in prison for misappropriation of the exchange’s funds.

Bilyuchenko would also have to pay a fine of 3.1 billion in rubles (around $33 million) for the damage he caused to the exchange’s customers. The prosecution wanted the Moscow judge to sentence Bilyuchenko to of 4.5 years in prison and fine him 1 million in rubles (around $10,500).

In June 2023, The U.S. Department of Justice (DOJ) unsealed charges against two Russian nationals, Alexey Bilyuchenko and Aleksandr Verner, in connection with the 2011 hacking incident involving Mt.Gox, a prominent Bitcoin exchange at the time.

The charges accuse Bilyuchenko and Verner of engaging in a conspiracy to commit money laundering. Moreover, Bilyuchenko faces an additional charge in the U.S. for conspiring with Alexander Vinnik, who was extradited to the U.S. in August 2022 to be held accountable for operating BTC-e between 2011 and 2017.

As of February 2015, BTC-e handled around 3% of all Bitcoin (BTC) exchange volume.

According to reports, WEX exchange was ultimately handed over to Konstantin Malofeyev, a Russian citizen who has been charged with violating U.S. sanctions arising from the 2014 Russian “undermining of democratic processes and institutions in Ukraine,” as per the DOJ.