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crypto compliance failures

U.S. Indictment Exposes $530M Tether Laundering Scheme, Highlights Crypto Compliance Gaps

A federal indictment unsealed against Iurii Gugnin alleges he laundered over $530 million using the Tether (USDT) stablecoin, raising significant concerns about vulnerabilities in cryptocurrency compliance systems. Prosecutors claim Gugnin utilized his company, Evita Investments, to move illicit funds for… Read More »U.S. Indictment Exposes $530M Tether Laundering Scheme, Highlights Crypto Compliance Gaps