The CEO of CoinFlux, the leading Bitcoin exchange in Romania, Vlad Nistor is arrested in the country at the request of the US authorities, and the company's bank accounts are frozen. This writes the local edition of Mediafax .
It is reported that Nistor is accused of fraudulent activities, participation in organized criminal activities and money laundering. The question of his extradition to the United States will be considered by the Court of Appeal of Bucharest.
Shortly after Nistor’s arrest, CoinFlux stopped work by publishing an official statement stating that her bank accounts were frozen, which caused user funds to be directly affected. The company claims to make every effort to return their money to customers.
CoinFlux was founded in 2015 and to date has carried out transactions worth more than 200 million euros. Bitcoin, Ethereum, Litecoin and XRP were traded on the stock exchange.
Other details of the incident are still unknown.
Earlier this year, the oldest stock exchange in Romania, BTCxChange, stopped work due to banking problems.
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