The US Department of Justice (DEJ) accused Iurii Gugnin, a Russian citizen and crypto -money company manager, to make more than $ 500 million transactions through US banks and crypto asset platforms and to launder money in these ways. Gugnin, who lives in New York, was allegedly pierced by using the crypto payment company Evita. Authorities, these charges
Crypto Money Case
According to the Ministry of Justice, Gugnin transferred funds of banks with sanctions in Russia through Evita. It is claimed that foreign customers send these funds to Gugnin with Stablecoin USDT.
Allegedly, Gugnin, first in the crypto asset wallets and the US bank accounts in the USDT hid. He later transformed these assets into US dollar or other legal currencies. Gugnin, Manhattan’daki bank accounts on behalf of foreign customers on behalf of foreign customers said.
Crypto currencies are known to be used for money laundering. Like many methods, crypto currencies are an alternative for criminals, and Blockchain can be tracked, so the criminals give the collar much more easily than other methods.
Continue to fight the crime
It was claimed that Gugnin paid by hiding the source of the funds through its company and gave incorrect information to banks and crypto assets. In this context, he will be sentenced to violate the US economic sanctions and export controls. Trump expresses strong support for crypto currencies, but it does not mean that the crime will be condone. The statements made by SEC, FBI, CFTC and other institutions are supporting innovation while the fight against the crime will continue full throttle.
US officials announced that Gugnin was detained in New York on Monday. The accusations included electronic fraud, bank fraud, cooperation to defraud the US, opposition to the International Emergency Economic Forces Law (IEEPA), unauthorized money transfer transactions and not creating a compliance with effective money laundering.
The following statements were used in the statement made by the US Ministry of Justice officials about the incident:
“Iurii Gugnin has carried out a large -scale fund movement on behalf of Russian organizations subject to sanctions using crypto currency and US financial system and damaging our financial system in this process.”
Gugnin was also shared by the relevant institutions, which he used the names of “Iurii Mashukov” and “George Google”. Authorities announced that the suspect will be tried for money laundering and all crimes related to them.
In this case, which concerns crypto money companies and financial institutions in the USA, it is seen that the developing structure of technology has new risks and difficulties in terms of control and compliance. In such cases, practices and legal arrangements that are exemplary in terms of observation of the US national security interests and the effectiveness of international sanctions may come to the agenda. Readers are recommended to be particularly careful against the risks and legal dimensions of international fund transfers associated with digital assets.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
