Russian prosecutors are seeking to confiscate assets worth over 2.1 billion rubles from former Interior Ministry official Georgy Satyukov, who is accused of accepting bribes and acquiring large amounts of cryptocurrency. Satyukov previously headed the financial fraud investigation department and is currently at large. His trial is scheduled for 2025.

Mars Finance News: According to DL News, Russian prosecutors are seeking to confiscate a large amount of luxury assets from fugitive secret service official Georgy Satyukov. He is accused of accepting $184 million worth of Bitcoin and $30 million worth of Ethereum as bribes from the operators of the now-defunct WEX cryptocurrency exchange. Investigators have identified $29.6 million worth of assets related to Satyukov's alleged bribery. Prosecutors claim that Satyukov used the illicit funds to purchase 13 Russian apartments, several non-residential properties in St. Petersburg, a villa in the UAE, and a million-dollar property in Saratov registered under his brother's name. In addition, the investigation found that he owns two Porsche Cayenne Turbos, seven Patek Philippe watches, and other jewelry with a total value of over $1.3 million. His family bank accounts still contain

According to Mars Finance, monitored by Lookonchain, a certain Whale transferred 6,500 Bitcoins to a new Wallet after being silent for 3 years. These Bitcoins were originally received from Ivanov (Bilyuchenko), a Russian encryption entrepreneur who is accused of co-founding the BTC-e and WEX exchanges and helping hackers launder Bitcoins stolen from Mt. Gox.

Polish officials have agreed to extradite Dmitry Vasiliev, the former CEO of the cryptocurrency exchange Wex, to the United States. Vasiliev, a Russian citizen, was arrested in Warsaw at the end of 2024 at the request of the United States in a criminal case related to fraud and money laundering. Lawyer Alexander Surzhin said

Dmitry Vasiliev, the former head of the WEX crypto exchange, has been arrested in Warsaw, facing fraud charges linked to a $450M exchange theft in 2018. The arrest is part of the US crackdown on unregulated crypto exchanges and money laundering. Vasiliev has been arrested several times before but recently obtained his freedom after charges were dismissed due to the authorities not following proper procedures. The charges against Vasiliev could have future implications for the entire crypto space, as regulators aim to target illicit activity associated with unregulated platforms.

The Polish police detained a Russian citizen linked to the now-collapsed WEX exchange for alleged fraud and money laundering. US authorities solicited his extradition for his crypto-related crimes and currently await the completion of the extradition process. Related Reading: ‘Most Horrible’