Evita Pay founder accused of using crypto platform to assist Russian money laundering, faces life imprisonment
6 hours ago
Odaily News According to the U.S. Department of Justice (DOJ), Evita Pay founder Iurii Gugnin was accused of cooperating with sanctioned Russian banks to use USDT to process approximately $530 million in transactions from June 2023 to January 2025 to assist Russia in obtaining U.S. products. Gugnin faces 22 charges and could be sentenced to life imprisonment. The Department of Justice said he turned Evita Pay into a "secret channel for dirty money" and was suspected of defrauding banks, forging invoices and violating anti-money laundering regulations. (Cointelegraph)
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