TechFlow news, December 9 — According to Cointelegraph, Polish authorities arrested the former CEO of Russian cryptocurrency exchange WEX in central Warsaw following a U.S. Department of Justice extradition request. Due to local privacy laws, the man is identified only as Dmitry V. He is suspected of fraud and money laundering charges related to his role managing WEX, once Russia's largest cryptocurrency exchange and successor to BTC-e, which collapsed in 2018.
A Polish police spokesperson told Reuters: "The man has been detained pending completion of the entire extradition procedure." The spokesperson added that if extradited to the United States, Dmitry V. could face charges carrying a maximum sentence of 20 years in prison.




