NEWS: US charges crypto CEO with laundering $500M for Russian banks
By PAUL O’DONOGHUE, Senior Correspondent
THE founder of a U.S.-based cryptocurrency payments company has been charged with laundering over $500 million for sanctioned Russian banks and other entities.
Iurii Gugnin, a 38-year-old Russian national living in Manhattan, was arrested on Monday. A judge ordered him held without bail, pending trial.
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