fraud

New Zealand's Largest Asset Freeze

New Zealand law enforcement authorities seized assets for more than $90 million owned by Alexander Vinnik.

Collaboration with the American authorities

This seizure took place as part of a collaboration between the New Zealand Police and the US authorities and an investigation into money laundering. This was the largest asset freeze in the history of the state.

Canton Business Corporation

Authorities have seized the assets of a company registered under the jurisdiction of New Zealand and named Canton Business Corporation. This company was owned by the Russian Alexander Vinnik. The investigation shows this company was used to launder illegal money through the BTC-e crypto exchange.

What happened?

Recall, the scandalous Russian is suspected of organizing the laundering of more than 4 billion US dollars through the BTC-e bitcoin exchange. To time, the suspect is in custody in France, where he was extradited from Greece.