5 The US prosecutors accuse the cryptocurrency entrepreneur of laundering 500 million US dollars and assisting Russia in obtaining sensitive technology.

According to the Financial Times, the US prosecutors has filed charges against Iurii Gugnin, the founder of the cryptocurrency payment company Evita, for evading sanctions and violating export controls, accusing him of laundering more than $500 million and assisting Russia in obtaining sensitive technology. Court documents released by the Brooklyn federal court show that Gugnin was charged on Monday with telecommunications and bank fraud, money laundering, and other crimes. The Department of Justice said he was arrested and arraigned in New York. Prosecutors allege that Gugnin used his company to pay for sensitive electronic products for foreign clients, including servers designed in the US that are subject to export controls, and laundered money to purchase components for the Russian state atomic energy company.