Russian Embassy Seeks Updates on WEX CEO Dmitry Vasiliev from US State Department

The Russian Embassy in Washington DC has formally requested the US State Department to provide updates on Dmitry Vasiliev, former CEO of the defunct crypto exchange WEX. The embassy confirmed it is closely monitoring the situation after Vasiliev's extradition from Poland to the US.

Vasiliev co-founded WEX as a successor to BTC-e, an exchange that collapsed in 2018, leaving users unable to access nearly $500 million in fiat and cryptocurrencies. The diplomatic mission demands information on Vasiliev's location, health status, and legal proceedings, while invoking the 1964 Bilateral Consular Convention to request consular access.

The case highlights ongoing international tensions surrounding cryptocurrency regulation and enforcement. WEX's connection to BTC-e, once a major Bitcoin trading platform, underscores the long shadow cast by high-profile crypto exchange failures.