HashFlare co-founders win appeal against extradition to US on fraud and money laundering charges
The co-founders of Bitcoin cloud miner HashFlare, Ivan Turogin and Sergei Potapenko, have been successful in their appeal against extradition to the United States. The two men were facing 18 counts of fraud and money laundering in relation to their operation of HashFlare, which was allegedly a Ponzi scheme with hundreds of thousands of victims and over $575 million paid in. The Tallinn Circuit Court overturned a lower court's order on Nov. 29, citing procedural irregularities and European Court of Justice and European Court of Human Rights practice. The businessmen and their families are set to receive over $110,000 in reimbursement, with the decision open to appeal until Dec. 11.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FTX plans to start reimbursing creditors by January 2025
1MCHEEMSUSDT now launched for futures trading and trading bots
Bitget has launched 1MCHEEMSUSDT for futures trading with a maximum leverage of 20, along with support for futures trading bots, on November 25, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. 1MCHEEMSUSDT-M perpetual futures: Parameters Details
Token listing: Instantly buy/sell BTC with EUR & BRL via cash conversion!
Bitget users can now instantly buy or sell BTC with EUR or BRL balances via cash conversion! Buy/Sell Crypto Tips: Enjoy a transaction fee rebate in USDT on your first cash conversion transaction! Additional perks >>> Flash Monday: Buy crypto with a credit/debit card for zero fees >>> Flash Thursda
Orbiter Finance collaborates with the Ethereum Foundation and the University of California, Santa Barbara to enhance the security model of bridging p
Since its establishment in 2021, Orbiter has been deeply exploring security, aiming to become a reliable infrastructure in the cross-chain field.
Trending news
MoreCrypto prices
More
