The Romanian judiciary has decided to hand over to U.S. authorities the founder and CEO of Coinflux, one of the country’s cryptocurrency exchanges. Vlad Nistor has been accused of a number of crimes including the laundering of illicitly obtained funds through his digital asset trading platform.
Supreme Court Approves Nistor’s Extradition
Vlad Nistor was arrested in December by Romanian law enforcement officials and Secret Service agents in Cluj, where his crypto business is based. He was released soon after that by the Bucharest Court of Appeal but not allowed to leave the city. The 29-year-old entrepreneur submitted an appeal against the U.S. extradition request. On Dec. 20, the court rejected his objections.