Greek court backs extraditing Russian bitcoin suspect to US

ATHENS, Greece (AP) — Greece's Supreme Court has ruled in favor extraditing a Russian cybercrime suspect to the United States to stand trial for allegedly laundering billions of dollars using the virtual currency bitcoin.

Alexander Vinnik made his final appearance at an Athens court Wednesday amid an ongoing legal battle between the U.S. and Russia, who are both seeking his extradition.

Greece's justice minister will ultimately decide on whether Vinnik will be sent to Russia or the U.S.

The case was heard amid growing global interest in virtual currencies and their underlying blockchain technology, fuelled by the ongoing boom in the price of bitcoin.