Estonian court annuls extradition of HashFlare co-founders to the U.S.
An Estonian court annulled the extradition of crypto entrepreneurs, who were accused of a $575 million crypto fraud, to the U.S. An Estonian court has annulled the extradition of two crypto entrepreneurs who were arrested in Nov. 2022 on an 18-count indictment for their alleged involvement in a $575 million crypto fraud and money laundering conspiracy. According to Estonian newspaper Postimees, the Tallinn Circuit Court satisfied appeals on Nov. 29, 2023 saying that the Estonian government had failed to investigate and consider important circumstances in making the decision to extradite HashFlare co -founders Ivan Turogin and Sergei Potapenko. You might also like: Inactive 250k ETH wallet is probably linked to Estonian major bank Shortly after Turogin and Potapenko were arrested in Estonia, the U.S. Department of Justice (DoJ) issued a written request, seeking their extradition to the U.S. However, the Tallinn court ruled that the government’s orders must be annu...