A Greek court ruled in favor of extraditing a Russian official of the BTC-e digital currency exchange, Alexander Vinnik, to the U.S., Reuters reported Oct. 4.
Vinnik was arrested in northern Greece on July 25 following an investigation led by the U.S. Justice Department, whose officials described Vinnik as the operator of BTC-e. A jury in the U.S. charged him with laundering more than $4 billion received in a digital currency for people involved in crimes including computer hacking and corruption.
He faces up to 55 years in prison if extradited to the U.S.
Moscow has also requested his extradition to Russia on less serious fraud charges, the report noted. A date for this hearing is yet to be set.
Vinnik denies all the charges against him, but reportedly consents to being returned to Russia. By contrast, he appealed the Greek court's decision over U.S. extradition to the country's Supreme Court.
If the decision to extradite him to the U.S. is upheld, Greece's justice minister will decide where he is sent.