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The US DOJ charged Vinnick with 17 counts of laundering as much as $4 billion for the reason that trade was based in 2011. In the meantime, French prosecutors charged him for “extortion, conspiracy and harming computerized data-processing techniques.” French authorities consider he helped create the ransomware “Locky,” which was unfold by means of e mail and was used to assault French companies and organizations between 2016 and 2018. No less than 20 entities within the nation ended up paying ransom cash in Bitcoin to get their networks freed.
Vinnik’s facet argued in court docket that he was solely a technical operator finishing up directions from BTC-e’s administrators. Whereas the court docket nonetheless ended up convicting him for cash laundering, it’s hardly the worst-case situation for Vinnick. In accordance with ZDNet, French prosecutors have been solely capable of show one of many 14 costs introduced towards him, and it wasn’t the one involving Locky. Meaning he was capable of keep away from the 10-year sentence and the €750,000 high quality the prosecutors had requested.
