Russian Bitcoin exchange founder being released by US in prisoner swap: reports

The U.S. Is set to release Alexander Vinnik, founder of the BTC-e exchange, amid ongoing diplomatic exchanges with Russia. His release follows Russia’s recent release of American Marc Fogel.

Vinnik was arrested for alleged money laundering tied to BTC-e, which was closed by the FBI in 2017. This incident reflects the intricate dynamics of U.S.-Russia relations concerning criminal cases.

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