New Zealand makes its biggest ever asset seizure over alleged vast bitcoin crime ring

Police believe assets were being held in company owned by Russian man who has denied any involvement

New Zealand police have seized assets worth NZ$140m ($90.68m) linked to a Russian man suspected of laundering billions of dollars in digital currency.

The police said it seized the assets because they were being held in a New Zealand company owned by Alexander Vinnik, who is accused of masterminding a bitcoin laundering ring and is wanted by both France and the United States.

Continue reading...

from World news | The Guardian https://ift.tt/2YncdEs