The Polish authorities have released Dmitry Vasiliev, the former owner of the WEX cryptocurrency exchange, from arrest. RBC writes about this.
In a comment to the publication, Vasiliev said that he was released on December 7, after which he returned to Russia. Thus, the lawyer of the ex-head of WEX Krzysztof Brola clarified that the court has not yet made a final decision on the case.
“Yes, he [Vasiliev] is at large. The Polish court has banned his extradition to Kazakhstan, but the decision is not final yet.”
Due to “technical work”, the exchange stopped full-fledged withdrawal of funds
In July 2018, due to “technical work”, the WEX exchange stopped full-fledged withdrawal of funds. After this, according to a BBC investigation, Vasiliev sold WEX to the daughter of Crimean entrepreneur Dmitri Khavchenko. Khavchenko was an active participant in the armed conflict in the Donbass and close to Alexander Borodai.
In August of the same year, it became known about the bankruptcy of the exchange and the suspension of its work. Moreover, the initiative group of the exchange’s clients estimated that the damage exceeded $400 million. Personally, Vasiliev is credited with the withdrawal of $200 million.
In the spring of 2019, law enforcement officers of Kazakhstan recognized him in absence as a suspect in fraud and put him on the Interpol wanted list.
Sitting in a Warsaw pre-trial detention center
In September 2021, the Warsaw District Prosecutor’s Office confirmed the detention and arrest of Vasiliev on the basis of an Interpol warrant at the request of Kazakhstan. The Poland newspaper Wyborcza reported this.
Vasiliev’s detention was in mid-August, at the Warsaw airport. “The ex-head of the WEX cryptocurrency exchange, Dmitry Vasiliev, from whose accounts $450 million disappeared, is sitting in a Warsaw pre-trial detention center,” the publication said. The newspaper claimed that the management of the WEX exchange is responsible for the disappearance of the money. Money that belonged to investors from the European Union, including Poland, as well as other countries around the world.
Later, an unknown person withdrew 100 ETH from one of the WEX wallets. The funds were transferred to the Binance exchange. This was the first withdrawal of funds from the wallet of a bankrupt exchange in the last three years. Its total balance at the moment was 9916 ETH ($34.2 million).