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Poland arrests former CEO of Russian CEX WEX and will extradite him to the US

On December 9th, according to Reuters and Polish media Rzeczpospolita, Polish authorities arrested Dmitry V, former CEO of Russian cryptocurrency exchange WEX, in the center of Warsaw. He is accused of fraud and money laundering during his time managing WEX, which collapsed in 2018.

A spokesperson for the Polish police told Reuters that the man is currently detained and awaiting completion of all extradition procedures. If extradited to the United States, Dmitry V may face charges of up to 20 years in prison.

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