Degen

Polish police have arrested a 37-year-old Russian citizen linked to the defunct exchange WEX on fraud and money laundering charges in Warsaw. The man, believed to be former WEX CEO Dmitry Vasiliev, faces extradition from the US Department of Justice. Vasiliev was previously detained in Poland in 2021 but was released a few weeks later and returned to Russia. WEX, the successor to the defunct BTC-e exchange, collapsed in 2018 after $450 million in customer funds disappeared. Alexey Bilyuchenko, Alexander Vinnik’s BTC-e partner, is said to have been the de facto manager of WEX. Bilyuchenko was indicted by US authorities in 2023 for his role in BTC-e and the Mt. Gox hack.