Poland arrests former CEO of Russian crypto exchange WEX for potential extradition to the United States
The former crypto executive was previously detained in Poland in 2021 on related charges but was released after 40 days.
Polish authorities have reportedly detained the former head of the Russia-based crypto exchange WEX in central Warsaw following an extradition request from the United States Department of Justice.
Identified only as Dmitry V. under local laws, the individual is accused of fraud and money laundering during his tenure at WEX, the successor to
$BTC -e, which was once Russia’s largest crypto exchange before its collapse in 2018, according to reports from Reuters and Polish outlet Rzeczpospolita on Dec. 6.
“The man is in custody awaiting the completion of the extradition process,” a Polish police spokesperson told Reuters, noting that extradition to the U.S. could expose Dmitry V. to charges carrying a maximum 20-year prison sentence.
Dmitry V., a Russian national, had previously been arrested in Poland in August 2021 but was released after spending 40 days in custody due to a court decision. In the summer of 2022, he was detained at Croatia’s Zagreb Airport by Interpol following an extradition request from Kazakhstan. Similarly, in 2019, he was arrested by Italian authorities but released shortly after, when errors in the extradition request came to light.
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