The US Department of Justice announced that a Russian citizen living in New York is suspected of laundering more than $500 million through cryptocurrency, TASS confirmed, quoted by News.bg.
"A 22-count indictment was announced today, in which 38-year-old Yuri Gugnin, also known as Yuri Mashukov or George Gugnin, a New York resident and Russian citizen, is charged with various crimes related to the use of his cryptocurrency company Evita to make payments abroad worth more than $500 million. dollars through US banks and cryptocurrency exchanges, while concealing the source and purpose of the transactions," the ministry said in a statement.
Gugnin was reportedly arrested in New York and charged.
If the Russian citizen is convicted in court, he could face a total of 65 years in prison on all charges.