US Secret Service arrests Bitcoin exchange operator in Romania & plans extradition

posted 6 months ago
Agents from the US Secret Service, as well as Romanian police & prosecutors, arrested a Bitcoin exchange operator Tuesday in the city of Cluj, Romania. Călin Vlad Nistor, 30, is reportedly being investigated in 2 criminal cases in the US, where he is wanted for a range of crimes relating to his running of Coinflux exchange.

Criminal allegations levied against Nistor in the US reportedly include fraud, computer fraud, the formation of an organized crime group and money laundering. US prosecutors allege Nistor defrauded Americans while operating Conflux. An Appeal Court session was convened Wednesday to decide on the matter of his extradition. The Coinflux website claims the company has served 19,000 clients from Romania and around the world, has a turnover of 3.25 million EUR, and processed 32,000 transactions in 2017.
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