![Co-founder of BTC-e pleads guilty to involvement in a $9 billion money laundering conspiracy.](https://coingeckonews.com/wp-content/uploads/2024/05/90-million-seized-in-fraud-case-tied-to-btc-e-exchange-showcase_image-10-a-14499-600x400.jpg)
Co-founder of BTC-e pleads guilty to involvement in a $9 billion money laundering conspiracy.
Alexander Vinnik, the co-founder of the cryptocurrency exchange BTC-e, has recently entered a guilty plea for charges related to conspiracy to commit money laundering. This development was disclosed in a public release by the US Department of Justice (DOJ) on May 3. Vinnik, a Russian national, has confessed to his involvement as one of the…