Crypto CEO Charged with $530 Million Money Laundering Scheme
Federal prosecutors have charged Iurii Gugnin, the CEO of Evita Pay, with a money laundering scheme that allegedly funneled $530 million through US banks and cryptocurrency exchanges to aid Russian banks and individuals. The Department of Justice claims Gugnin processed Tether stablecoin transactions for Russian clients linked to blacklisted banks VTB and Sberbank. The scheme … Read more