The lawyer has revealed the details of the detention of the co-founder of Coyote Crypto and EggChange cryptocurrency exchanges
His client faces up to 20 years in prison because of the incriminating charges
15.11.2021 - 12:45
680
1 min
0
.
What’s new? The lawyer for Denis Dubnikov, co-founder of the bitcoin exchange groups Coyote Crypto and EggChange, has revealed the reasons for his detention, CNN reports. Dubnikov is suspected of money laundering by Ryuk ransomware operators.
What are the assumptions for detention? The US authorities suspect Dubnikov received about $400 000 in cryptocurrency in the form of a reward from cybercriminals engaged in extortion.
What does the lawyer say? Arkady Buch, Dubnikov's lawyer, said that many details of the case were unknown even to the defense since it was classified. The lawyer clarified that on the charges incriminated so far, his client faces up to 20 years in prison.
“We are working together with a Dutch lawyer from Haarlem. We now want to find out more about what the US side has and are in contact with the prosecutors. New information will be available later,” the lawyer concluded.
As previously stated, the Russian Ministry of Foreign Affairs confirmed the detention of Denis Dubnikov in Amsterdam on November 1.
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$65 982
BTC
-1.01%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.15
XRP
-0.27%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.073113
DOGE
-0.16%
-
Zcash
$515.38
ZEC
-5.02%
-
Cardano
$0.177104
ADA
+0.78%
-
Stellar XLM
$0.190062
XLM
-2.03%
-
Polkadot
$3.32
DOT
+5.27%