Russian indicted in US for running bitcoin money laundering ring

Alexander Vinnik, who was arrested in Greece on Tuesday, allegedly operated the BTC-e virtual currency exchange and used it to launder money, including funds from the hack of Mt. Gox, an earlier digital currency exchange that eventually failed, the Justice Department said in a statement.

Vinnik was arrested earlier this week in Thessaloniki, Greece and was subsequently extradited to the US.