US: DOJ files $100 million lawsuit against cryptocurrency exchange BTC-e

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July 27 2019

Cryptocurrency exchanges BTC-e also known as Canton Business Corporation is facing a $100 million civil lawsuit filed by the Department of Justice (DOJ) in the Northern District of California.

The DOJ also named Alexander Binnik, one of the chief owners and operators of BTC-e, as defendant in the complaint. Binnik is a Russian national. He controlled multiple BTC-e administrative accounts, helped direct and supervise the operations of the cryptocurrency exchange.