Odaily Planet Daily News 🌍 In the global wave of cryptocurrency regulation, Polish authorities, at the request of the U.S. Department of Justice, have arrested the former CEO of the Russian cryptocurrency exchange WEX, Dmitry V. This former executive is accused of fraud and money laundering during his management of WEX. WEX, as the successor to BTC-e, was once the largest cryptocurrency exchange in Russia, but it closed in 2018.

Polish police stated that Dmitry V is currently detained and awaiting the completion of extradition proceedings. If successfully extradited to the U.S., he could face charges of up to 20 years in prison. 🔍 This incident has once again raised concerns about the regulation of the cryptocurrency industry, while Bitcoin continues to demonstrate its resilience in the midst of such turmoil.