The lawyer for Alexander Vinnik, the alleged former operator of defunct cryptocurrency exchange BTC-e, has said that a district court in Cyprus has withdrawn their lawsuit on charges “of fraud, money laundering and other crimes.” This development was reported by state-operated Russian news agency RIA Novosti Nov. 27.

Timofey Musatov, the head of the lawyers’ group representing Vinnik, has said that the district court of Limassol city has formally granted the plaintiffs’ petition to recall their lawsuit against Vinnik and even ruled “to compensate the defendant for all legal costs incurred by him.” Musatov added:

Continue Reading on Coin Telegraph

Like this: Like Loading...