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RE: BTC-E Cofounder Arrested and New Revelations About the early Mt. Gox Hack

in #bitcoin7 years ago

I wonder if Vinnik founded BTC-E precisely to launder the coins he stole from Mt Gox.

Think about it, you have stolen coins, but no other exchange will touch them - so you found your own exchange, and in the midst of legit selling by your customers, you sell your stolen coins. It explains why the BTC-E price was always lower than on other exchanges.