BREAKING NEWS: Litecoin exchange BTC-e under fire from US Department of Justice

announcement

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This just released: the United States Department of Justice has issued an indictment today against long-standing bitcoin exchange BTC-e on charges of money laundering. The exchange is currently offline, and a company mastermind, Alexander Vinnik, has been arrested in Greece.

"The arrest of Alexander Vinnik is the result of a multi-national effort and clearly displays the benefits of global cooperation among US and international law enforcement,” said FBI Special Agent in Charge Hess.

This is a huge event: if BTC-e does not recover, it will likely go down in history with the catastrophic MtGox failure of 2014 and the massive Bitfinex hack of 2016.

Source: https://www.justice.gov/usao-ndca/pr/russian-national-and-bitcoin-exchange-charged-21-count-indictment-operating-alleged