Withdraw 10,000 bitcoins from Wex digital currency exchange wallet (formerly BTC-e)

withdraw Bitcoin BTC
withdraw Bitcoin BTC

For the first time since 2017, multiple cryptocurrencies stored in wallets linked to cryptocurrency exchange Wex, the successor to Alexander Vinnik’s popular trading platform suspected of money laundering, have moved. transfer. Those 10,000 bitcoins, worth more than $165 million, were moved to new addresses in multiple transactions.

Bitcoins Stored in Inactive Wex Wallet Moved for the First Time in 5 Years

An unknown owner of a bitcoin wallet linked to the now defunct Wex, once the largest cryptocurrency exchange in the Russian-speaking market, has withdrawn 10,000 coins. The last time funds were sent from this BTC address was in September 2017, for the same amount.

Wex, which was launched this year following the collapse of BTC-e, was shut down after one of its moderators, Alexander Vinnik, was arrested in Greece. A Russian computer scientist currently in custody in the United States is accused of stealing up to $9 billion through the stock market.

The first digital money transfer was opened by Sergey Mendeleev, founder of digital currency exchange Garantex and CEO of banking platform Defibank Indefibank. He published the discovery on his Telegram channel, as reported by Bits.media, a major Russian crypto news site. Coins will be released on Wednesday, November 23.

Several transactions took place before 10,000 BTC was sent, including two possible small test transfers. 3500 BTC moved to one address and 6500 BTC to another, possibly an exchange address. At the time of writing, the value of the cryptocurrency received is over $165 million in fiat currency equivalents.

Wex lost an estimated $450 million offline in 2018. The platform is believed to be the successor to BTC-e, which allegedly used proceeds from the Mt Gox hack and other cybercriminals. . It is operated by World Exchange Services, a Singapore-based company founded by Alexey Bilyuchenko, a former partner of

BTC-e administrator Alexander Vinnik.

Vinnik was arrested while on vacation in Thessaloniki in the summer of 2017. In addition to the US, France and Russia also filed for extradition. In December 2019, Greek authorities extradited him to France, where he was sentenced to five years in prison (including pre-trial detention) for money laundering. Vinik was then sent back to Greece, where he was immediately extradited to the United States, where he now faces multiple charges.

In March, Russian law enforcement agencies arrested a crypto businessman associated with an unidentified crypto exchange on charges of embezzlement of funds and property. At that time, Mr. Sergei Mendeleev said that the person arrested was none other than Bilyuchenko. A BBC report revealed Wex’s ownership.

Another owner and former CEO of Wex, Dmitry Vasiliev, was arrested in Poland in August 2021 and released by Polish authorities before returning to Russia. After entering Croatia in June 2022, he was also arrested at Zagreb airport on an Interpol red alert at the request of Kazakhstan and wanted for fraud.

In November, Mendeleev revealed that the Russian Interior Ministry had not responded to Wex users’ requests for assistance in blocking and confiscating cryptocurrency withdrawn from wallets controlled by the exchange. At that time, more than 10,000 ETH, worth nearly $46 million, was withdrawn and transferred to other platforms.

Related Posts

authorities to child pornography

A local received a hashtag after posting child pornography on Tumblr.

IDAHO FALLS – A man was charged Wednesday after he admitted possession of child pornography. Jake Stevenson Holley, 27, pleaded guilty to two counts of knowingly possessing…


Tumblr announced that it would be changing its content policy

This week, Tumblr announced that it would be changing its content policy to allow nudity on the platform. “We now encourage more expression, creativity, and art on…

Tumblr’s porn ban

Nudity returns to Tumblr but pornography is still banned

The prospect that Tumblr could become a profitable social media giant by allowing some users to repost soundless photos left many Twitter users shivering and wondering, as…

House passed bill to protect same-sex marriage

House passed bill to protect same-sex marriage in a key vote and sent it to Biden

The House of Representatives voted on Thursday to pass a bill to protect same-sex and interracial marriage, the final step before President Joe Biden signs it into…

best sex of my life

The best sex of my life

Dog collar, subdued and voyeuristic; Two 40-year-old professionals from the UK told me how they got out of their comfort zone and had unrequited sex. Connecting apps…

Crypto Billionaire

Will Switzerland benefit from the FTX crypto crash?

With the collapse of the first crypto exchange powering FTX, the crypto industry experienced an unprecedented disaster. The Swiss company is torn between short-term business losses and…