Another cryptocurrency guru has just fallen in the U.S.: he founded a promising platform and ended up accused of laundering 500 million
The case of Sam Bankman-Fried left an open wound in the crypto sector. His meteoric rise at the helm of FTX and his subsequent fall marked a milestone in public perception of these platforms. But he was not the only one. Now, another cryptocurrency magnate has been accused of being behind a massive money laundering scheme. Iurii Gugnin, founder of the companies Evita Investments and Evita Pay, allegedly facilitated nearly 2 billion dollars in transactions, of which more than 500 million passed through the U.S. financial system.
Authorities believe he turned his company into a covert funding network for sanctioned Russian banks and sensitive technological exports.
A platform in the spotlight. According to the accusation, Gugnin founded two companies in the U.S.: Evita Investments, based in Delaware, and Evita Pay, headquartered in Florida. Through them, he allegedly moved approximately 530 million dollars through banks and cryptocurrency exchanges in the U.S., concealing the origin and true purpose of the funds. With Evita Investments being the main channel, with about 365 million funneled through Tether.
