BlockBeats News, June 10th. According to the Financial Times, U.S. prosecutors have charged the founder of cryptocurrency payment company Evita, Iurii Gugnin, with sanctions evasion and violating export controls, accusing him of laundering over $500 million and assisting Russia in obtaining sensitive technology.
Court documents released by the Brooklyn Federal Court show that Gugnin has been charged with telecommunication and bank fraud, money laundering, and other crimes. The Department of Justice stated that he was arrested and arraigned in New York. Prosecutors allege that Gugnin used his company to facilitate overseas clients' payments for sensitive electronic products, including U.S.-designed servers subject to export controls, and laundered money to procure parts for the Russian State Atomic Energy Corporation (Rosatom).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.