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U.S. authorities have charged Russian citizen Iurii Gugnin with laundering over $500 million through crypto firms to evade sanctions. The founder of Evita Investments Inc. allegedly facilitated transactions for sanctioned Russian banks, including Sberbank and Rosatom.
- Gugnin allegedly facilitated $530 million in transactions for sanctioned Russian banks using crypto and U.S. financial institutions.
- Prosecutors claim he falsified records to conceal dealings with Russian entities, including Rosatom and Sberbank.
- The case underscores the U.S. government's intensified efforts to combat crypto-enabled sanctions evasion by Russian actors.
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