US prosecutors accuse crypto entrepreneur of laundering $500 million and helping Russia acquire sensitive technology

Odaily News US prosecutors have charged Iurii Gugnin, founder of cryptocurrency payments company Evita, with sanctions evasion and export control violations, accusing him of laundering more than $500 million and helping Russia acquire sensitive technology. Gugnin was charged on Monday with wire and bank fraud, money laundering and other crimes, according to court documents released by Brooklyn Federal Court. The Justice Department said he was arrested and arraigned in New York. Prosecutors accuse Gugnin of using his company to pay for sensitive electronics for foreign customers, including US-designed servers subject to export controls, and laundering money to purchase parts for Russia's state nuclear energy company Rosatom. [Financial Times]