On February 8, the Moscow City Court began considering the appeal of the system administrator of the WEX cryptocurrency exchange Alexey Bilyuchenko (Ivanov) against his previously convicted verdict. Journalist Irek Murtazin reports this in your Telegram channel.
Bilyuchenko is accused of embezzling 3.1 billion rubles of WEX assets. In September 2023, the court of first instance sentenced him to 3.5 years in prison and a fine of 500,000 rubles.
The defendant considers this sentence “too harsh.” He asks to lift the seizure of the property, due to the fact that there is supposedly enough money in his blocked account at Alfa Bank to fully cover the damage. “Red Admin” refers to cooperation with the investigation, the presence of mitigating and absence of aggravating circumstances.
After hearing the arguments, the court scheduled the next hearing for February 29.
Bilyuchenko has been in jail since March 2022. Since a year in a detention center is equivalent to a year and a half in a general regime colony, he has every chance of being released after the sentence comes into force.
The victim in the case is the current owner of the World Exchange Services company registered in Singapore, a certain Armenian citizen Igor Pravdin. Until July 2023, the company’s assets belonged to Dmitry “Sailor” Khavchenko.
Source: Cryptocurrency
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