The cryptographic founder was arrested in Novel York for the alleged exploit of his Evita Pay cryptographic company, to the left about $ 530 million to the USA from sanctioned Russian banks to assist the Russians assist in access to highly sensitive American technology.
Iurii Guignin was affected by a 22-time indictment and will deal with fees related to fraud and bank fraud, money laundering and running unlimited business to transfer money, among others, the US Department of Justice he said on Monday.
If he is convicted, Guignin can spend his life behind bars. This is the latest case involving the exploit of cryptocurrencies to bypass sanctions and washing funds.
The state claims that Guignin had a wide money laundering program from June 2023 to January 2025, processing Stablecoin Tether (USDT) transactions on behalf of Russian clients related to banks, such as Sberbank, VTB, Sovcombank and Tinkoff.
According to John A. Eisenberg, assistant to the Prosecutor General for National Security, Guignin transformed his cryptographic company into a “secret pipeline for dirty money”, transferring about $ 530 million through the American financial system to facilitate sanctioned Russian banks and Russian assistance to Russian end users in obtaining sensitive American technologies:
“The Department of Justice would not hesitate to introduce themselves to the court of those who threaten our national security, enabling our foreign opponents to a throw of sanctions and export controls.”
Guignin allegedly lied to American banks about Evity’s Russian ties, manipulated invoices to hide the identity of customers and ignore the rules of counteracting money laundering, despite the registration of Evita Pay company in Florida, using false statements, said Doj.
Cointelegraph contacted Evity Pay for a comment, but he did not receive an immediate answer.
The founder of Crypto suspected that he was the subject of investigation
Guignin also allegedly conducted internet searches, such as: “Is I examined” and “characters that you can be in a criminal investigation,” according to the state, which claims that these searches signaled the awareness that he broke the law.
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“What are the best ways to find out if you are examined and what someone can do or think that he can be examined,” he allegedly searched Guignin on the internet.
Guignin is in the face of life in prison
Guignin faces up to 30 years in prison for any number of bank frauds, a maximum of 20 years for each number of frauds, and even 10 years for the lack of implementation of an effective program of preventing money laundering and a lack of reporting suspicious reports in the field of activity.
The cryptographic founder may receive up to five years in prison for a conspiracy aimed at cheating the USA.
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