Headlines

US to release Russian Alexander Vinnik as part of exchange that freed Fogel - New York Times

Published by Global Banking & Finance Review

Posted on February 12, 2025

1 min read

· Last updated: January 26, 2026

Add as preferred source on Google
Image related to US release of Russian cybercrime suspect Alexander Vinnik - Global Banking & Finance Review
This image illustrates the significant news regarding the US decision to release Russian Alexander Vinnik, a noted cybercrime figure, as part of a prisoner exchange with Russia. The article discusses the implications of this exchange on international relations and cybersecurity issues.
Global Banking & Finance Awards 2026 — Call for Entries

(Reuters) - The United States will release Russian Alexander Vinnik, a suspected cybercrime kingpin, as part of an exchange with Russia that freed Marc Fogel, the New York Times reported on Wednesday.

US to Free Alexander Vinnik in Exchange with Russia

(Reuters) - The United States will release Russian Alexander Vinnik, a suspected cybercrime kingpin, as part of an exchange with Russia that freed Marc Fogel, the New York Times reported on Wednesday.

Vinnik operated BTC-e, once one of the world's largest cryptocurrency exchanges. He was arrested in 2017 and detained at Washington's request on suspicion of laundering $4 billion through the exchange. In May, he pleaded guilty to conspiracy to commit money laundering and faced 20 years in prison.

(Reporting by Brendan O'Brien in Chicago; Editing by Doina Chiacu)

Key Takeaways

  • The US will release Alexander Vinnik as part of a prisoner exchange.
  • Vinnik is a suspected cybercrime kingpin linked to BTC-e.
  • He was arrested in 2017 for laundering $4 billion.
  • Marc Fogel was freed as part of the exchange.
  • Vinnik pleaded guilty to conspiracy to commit money laundering.

Frequently Asked Questions

What is the main topic?
The article discusses the US releasing Alexander Vinnik as part of a prisoner exchange with Russia, which also freed Marc Fogel.
Who is Alexander Vinnik?
Alexander Vinnik is a suspected cybercrime kingpin who operated BTC-e, a major cryptocurrency exchange, and was involved in laundering $4 billion.
What was Marc Fogel's involvement?
Marc Fogel was freed as part of the prisoner exchange deal between the US and Russia involving Alexander Vinnik.

Related Articles

More from Headlines

Explore more articles in the Headlines category