Russian citizen Iurri Gugnin, a 38-year-old resident of New York and accused money launderer, has been extradited to the US on charges that he illegally moved billions in […]
U.S. Charges Russian with $530 Million Crypto Money Laundering Scheme
The U.S. Department of Justice (DoJ) has filed charges against Iurii Gugnin, a Russian national, for allegedly orchestrating a massive cryptocurrency money laundering scheme worth an estimated $530 […]
Cryptocurrency CEO Arrested Over $530 Million Sanctions Evasion
A major sanctions evasion case has taken center stage, resulting in the arrest of Iurii Gugnin, CEO of Evita Pay Inc. This prominent figure is accused of facilitating […]
Evita Pay Founder Faces Charges Over Sanctions Violations Involving Russian Bank
Iurii Gugnin, the founder of Evita Pay, is facing serious legal charges from the U.S. Department of Justice for allegedly facilitating over $530 million in transactions using USDT […]
U.S. DOJ Seizes $7.7 Million in Crypto Linked to North Korea
The U.S. Department of Justice (DOJ) has filed a civil forfeiture action targeting over $7.7 million in cryptocurrency, allegedly linked to North Korean activities and used to circumvent […]
Garantex Bypasses Sanctions, Moves $15 Million Despite Regulatory Crackdowns
Russian cryptocurrency exchange Garantex has reportedly moved $15 million in digital assets through privacy-enhancing tools like mixers and cross-chain bridges despite ongoing global sanctions. U.S. and European sanctions […]
North Korea’s Crypto Laundering: DOJ Seizes Funds, Garantex Reserves Resurface
The US government is intensifying its efforts to combat illicit cryptocurrency activities linked to North Korean actors. Two significant developments underscore this trend: the DOJ seizing over $7.74 […]
US Seizes $7.7 Million in Crypto Tied to North Korean IT Infiltration Scheme
The U.S. Department of Justice has initiated a forfeiture action to seize approximately $7.74 million in cryptocurrency linked to an illicit scheme involving North Korean hackers. This money, […]
US Aims to Seize $7.7 Million in Crypto Laundered by North Korean IT Workers
The US Department of Justice has filed a civil forfeiture complaint, seeking to seize over $7.7 million in cryptocurrency allegedly laundered by North Korean IT workers using fake […]
Russia’s Largest Bank Issues First Bitcoin Bonds: A Historic Milestone
Sberbank, Russia’s largest financial institution with $550 billion in assets, has made history by launching Bitcoin bonds exclusively for wealthy investors. This innovative move is part of a […]
Russia Eyes Crypto Payments for Grain Exports Amid Sanctions
Facing sanctions and trade limitations, Russia is exploring a groundbreaking solution to facilitate its massive grain exports – accepting cryptocurrency. Russian banks, including Rosselkhozbank (RSHB), are evaluating crypto […]
Russia’s Grain Exports May Turn to Crypto Amidst Sanctions Hurdle
Facing severe sanctions and a crippled financial system, Russia is exploring the use of cryptocurrency as a payment method for its massive grain exports. This innovative approach aims […]
Russia Explores Crypto for Grain Export Settlements Amidst Sanctions
Facing Western sanctions that restrict traditional payment methods, Russia is considering the use of cryptocurrency to settle grain exports. The Agricultural Bank of Russia, a key player in […]
US Sanctions Philippine Tech Firm Over Crypto Scams
The US Treasury has imposed sanctions on Funnull Technology Inc., a Philippine-based tech firm accused of facilitating over $200 million in crypto scams. These sanctions effectively freeze assets […]
US Tightens Sanctions on Chinese Tech Firms, Impacting Subsidiaries and Exports
The US government has announced plans to expand sanctions against Chinese tech companies, targeting their subsidiaries and software exports. This move aims to address national security concerns. The […]