A Cyprus court reportedly dropped a lawsuit accusing alleged Btc-e operator Alexander Vinnik of fraud and money laundering, but his broader legal troubles remain unresolved amid competing extradition requests from the U.S., Russia, and France.

A Cypriot court dismissed fraud and money laundering charges against alleged Btc-e operator Alexander Vinnik after plaintiffs withdrew the lawsuit. Vinnik's lawyer called it a sign of weak accusations, but Vinnik still faces extradition battles with the US, France, and Russia.