the.S. The site remains inaccessible, though a maintenance page is currently visible along with a feed of the exchanges recent tweets. A US jury indicted Alexander Vinnik on Wednesday after his arrest in a small beachside village in northern Greece on Tuesday, following an investigation led by the US justice department along with several other federal agencies and task forces. In a tweet on Wednesday after the arrest of Vinnik, BTC-e said it would restore service in the next five to 10 days. CoinDesk will continue monitoring this developing story. BTC-e, which has been out of service for more than a day, attributed this to unplanned maintenance. A representative for BTC-e did not respond to a request for comment via Skype. A Greek court supported the first Russian extradition request.
Greek police described Vinnik as a an internationally sought mastermind of a crime organisation. The exchange was able to restore itself under the name WEX. Vinniks arrest is the latest in a series of US operations against Russian cybercriminals in Europe, including the taking down of two of the biggest dark web marketplaces for drugs, guns and other illicit items, AlphaBay and Hansa, last week. The last tweet from the exchange, for example, was 20 hours ago, when the exchange said that it still continues to perform our unscheduled ongoing maintenance. Adding to the context is that BTC-e has been largely silent or non-descriptive about its issues. To face charges of laundering billions of dollars using bitcoin. It allows users to trade bitcoin pseudonymously against a variety of fiat and virtual currencies, and is known in cryptocurrency markets as having relaxed standards for checking users identity, and for not collaborating with law enforcement. Authorities claim Vinnik defrauded thousands using cyber attacks via his bitcoin platform. The exchange is one of the oldest virtual currency platforms.