New Zealand seizes $90 million in assets of Russian cybercrime suspect

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New Zealand seizes $90 million in assets of Russian cybercrime suspect
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New Zealand police has seized assets worth NZ$140 million ($90.68 million) linked to a Russian man suspected of laundering billions of dollars in digital currency.

FILE PHOTO: Alexander Vinnik, a 38 year old Russian man suspected of running a money laundering operation using bitcoin, is escorted by police officers to a court in Thessaloniki, Greece, October 4, 2017. REUTERS/Alexandros Avramidis/File Photo

This is the largest restraint of funds in New Zealand Police history, the department said in a statement late on Monday.

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