Bitcoin Price Could Hit $15,000 This Year

Christopher Matta, Goldman Sachs

According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD

Vitalik Buterin

Coinflux Founder to Be Extradited to US

Several news sources recently reported that Nistor Vlad Călin, the founder of Romanian crypto exchange Coinflux, will be extradited to the United States. He has been accused by authorities in the United States of charges related to organized crime, money laundering, and fraud.
According to local media, the High Court of Cassation and Justice, Romania’s supreme judicial authority, has upheld the decision by the lower instance and ordered Nistor’s transfer to U.S. custody. Nistor is wanted for his participation in crimes committed by other Romanian nationals. Using Coinflux, the group allegedly laundered money from their criminal activities, including defrauding U.S. citizens.
During the trial, Nistor’s lawyer claimed that he had been “wrongly accused” of committing crimes in the US as he was not directly involved in the act. The lawyer, Anatol Pânzaru claimed that the scammers actually involved in the crime had initially exchanged their proceeds to Bitcoin in the US, conducted the money laundering on US soil and then converted the laundered money back to fiat currency through Coinflux, without Nistor having any hand in the process.
We would like to remind you that Coinflux was founded in 2015, the digital trading platform has since traded over $229 million, processing over 203,000 transactions, according to the company’s records. The company’s website now reads, “Trading disabled, bank account frozen.