Big news about Bitcoin! A man named Alexander Vinnik, who ran a Bitcoin exchange called BTC-e, was released from prison. He was accused of helping criminals use Bitcoin to hide their money. The US and Russia made a prisoner exchange deal, releasing him in trade for an American.
- Vinnik's exchange, BTC-e, helped criminals move money secretly.
- He pleaded guilty to money laundering charges.
- The US said BTC-e didn't follow rules about knowing who its customers are.
- This is part of a bigger prisoner swap involving several countries.
Fact | Number |
---|---|
Money laundered (allegedly) | $4 billion |
Money lost (allegedly) | $121 million |
Vinnik's potential sentence | Up to 20 years |