Russia crypto mining pioneer Igor Runets put under house arrest on tax charges
Igor Runets, who founded Russia’s largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three charges for allegedly concealing assets to evade taxes.
Runets’ legal team now has a small window to appeal the house arrest before it becomes fully enforceable on Wednesday. If an appeal is unsuccessful or not filed, Runets will remain home‑bound for the entirety of the case, according to RBC.
Runets, 39, is a top pioneer among Russia’s crypto mining industry, Bloomberg reported on Monday. He founded BitRiver in 2017 and later expanded it to 15 data centers with more than 175,000 servers and a capacity of 533 megawatts. The U.S….
