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Jun 12, 12:05 PM
US Charges Iurii Gugnin With $530 Million Laundering via Evita Pay; DOJ, FBI Crack Down on Crypto Fraud and Russia’s Teen Spy Network
Russia
US Judiciary
Regulation
Politics
Crypto
World

US Charges Iurii Gugnin With $530 Million Laundering via Evita Pay; DOJ, FBI Crack Down on Crypto Fraud and Russia’s Teen Spy Network

Authors
  • Reuters
  • CTV News
  • Genbeta
12

US prosecutors have charged cryptocurrency entrepreneur Iurii Gugnin with laundering approximately $530 million and aiding sanctioned Russian entities in evading export controls, using the crypto payment platform Evita Pay. This case highlights the use of stablecoins and cryptocurrency networks to bypass sanctions. Separately, the Department of Justice and the FBI have taken action against other crypto-related frauds, including a $37 million scheme targeting Americans, and a federal court ordered individuals and companies in Michigan, California, and Nevada to pay over $25 million for digital asset fraud. Additionally, Gotbit Consulting and its founder Aleksei Andriunin, linked to Russia and Portugal, were sentenced for market manipulation and fraud conspiracy. Meanwhile, Reuters and other agencies report a growing trend of Russia recruiting untrained teenagers and novices for espionage and sabotage operations across Europe, using social media, threats, and cryptocurrency payments. A notable case involves a Canadian teenager arrested in Poland, revealing the sometimes haphazard nature of Moscow's hybrid warfare tactics following the expulsion of Russian operatives from Europe after the 2022 invasion of Ukraine. Dozens of teenagers in Ukraine and Europe have been detained in Russia-linked sabotage and spying cases, often compensated with cryptocurrency. In a separate incident, a fake billionaire was charged with stealing $2 million from an Oregon woman in a fraudulent scheme.

Written with ChatGPT (GPT-4).

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