<ul><li>Russian national, Iurii Gugnin, charged with running a $530 million money laundering scheme through his crypto platform, Evita.</li><li>Gugnin allegedly processed funds to bypass sanctions and finance blacklisted Russian banks and firms using stablecoins like USDT.</li><li>Evita was used to hide crypto transfers for sanctioned entities, including Sberbank, VTB Bank, Sovcombank, and Rosatom.</li><li>The case highlights concerns about crypto misuse for sanctions evasion, leading to discussions on stricter regulations and enforcement efforts.</li></ul>

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions

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