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13th October 2017 | SHARE THIS
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The Story | |||||
Alexander Vinnick may soon head home after a Greek court approved the request to extradite him to Russia. |
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How did that happen? |
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The Council of Judges in Thessaloniki has upheld the request to extradite Vinnik to Russia. Vinnick, who stands accused for allegedly laundering more than $4 billion through the BTC-e digital currency exchange he operated, will only have to shell out US$11,500 for fraud charges once he returns to his home country. |
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That fine is just a drop in the bucket! |
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The fine is a pittance compared to the $12 million in fines that the U.S. wanted Vinnick to pay. BTC-e has also been slapped with a $110 million bill for failing to meet anti-money laundering requirements in the U.S. |
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But isn’t it that he was supposed to go to the U.S.? |
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You recalled that one accurately. The latest court decision was a result of the appeal of the Russian government of the earlier decision ordering Vinnick to be sent to the U.S. to face charges. Â The Russian Foreign Ministry called the Greek court’s decision then as a violation of the international law. |
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Vinnick’s ticket to Moscow might have to wait. |
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It is because Vinnick’s fate still on the hands of the Greek justice minister who decides where to send people accused of crimes in times of competing requests. |
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Takeaway |
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Russia shouldn’t be cocky on its win to get its citizen back to its country and give Vinnick a gentle tap instead of a slap as the decision is still subject to appeal. |
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The Industry Eye - Season 3, Episode 1 |
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In this episode of The Industry Eye, Ed Pownall is back and will be delving into DFS in Ireland, more merger talk, the UK bookies play with fire & there's unicorn on the menu. |
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READ MORE | |||||
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Kenya gets strict on slot machine investors | |||||
The Kenyan government plans to tweak its gambling law to give county governments the ability to thumb down the issuance of a license to a gambling company. |
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High rollers are finally coming back to Crown, Star | |||||
A significant number of high rollers are returning to Crown Resorts Ltd. and Star Entertainment Group to gamble. |
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Maryland to resurrect sports betting initiative in 2018 | |||||
Supporters of the legalization of sports betting in Maryland are bracing for another campaign come 2018. Â |
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With 3,933 rooms, the Bellagio hotel has more rooms than the number of residents in the town of Bellagio, Italy. |
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An effective way to inform new employees about the workplace culture is to send out internal newsletters that share the company’s values. |
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Pariplay partners with Breakout Gaming Group to launch Breakout Casino |
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Pariplay Ltd., will power Breakout Casino, the new online casino operated by Breakout Gaming Group, through its SMTM back-end platform. |
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A big hello to PokerStar Team Online Pro member Jaime Staples who graced the latest Lee Davy’s Poker Routines column. For Staple’s fans, you can check the full interview here. |
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Want to be a guest contributor? Email bill@calvinayre.com |
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