Igor Runets, the CEO of BitRiver, faces serious allegations of tax evasion, including three counts of concealing assets. Having been detained on January 30th, he was officially charged the following day, with a house arrest sentence effective from February 4th.
Founded in 2017, BitRiver has grown to be one of the largest Bitcoin mining companies in Russia, with extensive data centers in Siberia. As of late 2024, Runets had an estimated net worth of 230,000,000 USD, substantially attributed to his role in the cryptocurrency mining sector.
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