vlad nistor extradited to usVlad Nistor, the Chief Executive Officer and the owner of Romania based cryptocurrency exchange CoinFlux, is being extradited to the United States of America (US) after being accused of crimes that include illegally obtained finances and money laundering.
The technopreneur is just under thirty years of age and was in Romanian secret service’s custody in December 2018. The secret service made the arrest along with Romania’s law enforcers and authorities.
The technopreneur has been of accused of extract money from US citizens through fraudulent activities and launder money – although an unknown sum – for criminal organizations – again unknown.
After the appeals against the extradition rejected first by the Bucharest Court of Appeal and then by the High Court of Cassation and Justice the Romanian equivalent of the Supreme Court Nistor has claimed his innocence.
Nistor explained that he has been running a successful business with over three million dollars ($3.4 m) turnover in the year 2018 alone. He expressed that any of his attempts to perform illegal operations would tarnish his business and the hard work of years he put into establishing the business.
Nistor’s lawyer is of the view that Nistor is being extradited for a crime that he has not been a part of. However, the Bitcoin acquired from scamming were exchanged into fiat currencies making him an unwilling and unaware accomplice. Such a crime may call for an investigation within Romania but does not justify extradition to the United States.
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