Russian crypto businessman arrested in US for circumventing sanctions and laundering $500 million • Mezha.Media
The US Department of Justice has charged Russian crypto businessman Yuri Gugnin with laundering more than $500 million, evading sanctions, and illegally exporting American technology to the Russian Federation.
According to the Ministry of Justice, the entrepreneur acted through cryptocurrency firms Evita Pay and Evita Investments, registered in Florida and Delaware.
According to the indictment, the crypto businessman turned these firms into a mechanism for concealing international transactions and circumventing sanctions.
Yuriy Gugnin, who was arrested in New York, is charged with 22 counts, including bank and wire fraud, money laundering, conspiracy to violate the International Emergency Economic Powers Act…
