Russia Crypto Mining Pioneer Igor Runets Put Under House Arrest on Tax Charges

Russia crypto mining pioneer Igor Runets put under house arrest on tax charges

The 39-year-old founder of Russia’s largest crypto miner was detained Friday and accused of concealing assets, as BitRiver also faces insolvency claims and operational strain.

Russia’s Top Crypto Miner Owner Arrested on Tax Evasion Charges

Igor Runets, the founder of Russia’s biggest crypto mining firm BitRiver, has been put under house arrest on tax evasion charges, according to documents published on the Moscow court website.

BitRiver Faces Bankruptcy as Founder Placed Under House Arrest

Key Highlights • Russian authorities placed BitRiver founder Igor Runets under house arrest on tax evasion charges• A regional court opened bankruptcy observation proceedings against BitRiver’s controlling shareholder Yello Paradisers! Russia’s biggest crypto mining firm, BitRiver, is facing a potential bankruptcy just as its founder and chief executive Igor Runets was placed under house arrest by a Moscow court. Is this the quiet collapse of Ru…

BitRiver Founder Igor Runets Placed Under House Arrest as Russia’s Crypto Mining Giant Faces Mounting Legal and Financial Pressure

Igor Runets, the founder of BitRiver, Russias largest industrial crypto mining company, has been placed under house arrest on tax evasion charges, according to reports from Bloomberg and local Russian media. Runets was detained on Friday and is facing three criminal charges related to allegedly concealing assets to avoid paying taxes. His legal team has a limited window to appeal the house arrest decision before it becomes fully enforceable on W…

Russia’s Largest Crypto Miner BitRiver Faces Bankruptcy as CEO Under House Arrest: Report

Court filings show insolvency proceedings against BitRiver’s main owner after years of financial strain and sanctions pressure.