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BTC $81,912.34 +0.61%
ETH $2,341.15 -1.15%
BNB $663.06 +0.29%
XRP $1.48 -0.47%
SOL $98.21 +1.88%
TRX $0.3503 -0.31%
DOGE $0.1116 +0.21%
ADA $0.2813 -1.94%
BCH $450.30 -2.49%
LINK $10.68 -1.46%
HYPE $42.17 -2.98%
AAVE $101.98 -0.29%
SUI $1.30 -5.11%
XLM $0.1694 -1.03%
ZEC $559.15 -4.84%

wex

The Russian prosecutor has applied to seize nearly $30 million in assets related to the former investigator involved in the WEX "cryptocurrency bribery" case

According to DL News, Russian prosecutors are seeking to confiscate a large amount of luxury assets belonging to fugitive secret service officer Georgy Satyukov. He is accused of receiving $184 million worth of Bitcoin and $30 million worth of Ethereum as bribes from the operator of the now-defunct WEX cryptocurrency exchange, while investigators have identified assets valued at $29.6 million related to Satyukov's alleged bribery.Prosecutors claim that Satyukov used the illicit funds to purchase 13 apartments in Russia, several non-residential properties in St. Petersburg, a villa in the UAE, and a million-dollar property in Saratov registered in his brother's name.Additionally, the investigation revealed that he owns two Porsche Cayenne Turbos, seven Patek Philippe watches, and other jewelry worth over $1.3 million, with more than $15 million in cash and foreign currency still in his family bank accounts.It is alleged that the bribes originated from Alexey Ivanov, a former system administrator of the WEX exchange, who sought Satyukov's help to evade a criminal investigation. Satyukov and his former colleague Dmitry Sokolov are currently fugitives, and a Moscow court is preparing to conduct a trial in absentia. If convicted, their assets may be nationalized. The WEX exchange took over the trading operations of BTC-e in 2017, which had shut down after its founder Alexander Vinnik was arrested in Greece on fraud and money laundering charges, and WEX also ceased operations in 2018.
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