Moscow Court Detains BitRiver Founder Igor Runets in 1 Billion Ruble Fraud Probe
A Moscow court ordered two months of pretrial detention for Igor Runets, founder of BitRiver, shifting him from house arrest on charges of defrauding an energy subsidiary of nearly RUB 1 billion ($12.5 million).
Investigators allege that a Runets-controlled company accepted advance payments from a unit of energy group En+ for mining equipment, then failed to deliver the hardware or refund the money. The ruling extends legal scrutiny for the operator, which previously ranked as the country's largest mining company by revenue.
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@wublockchainFounder of Russia’s Largest Crypto Miner Held Over Alleged 1 Billion-Ruble Fraud A Moscow court has moved BitRiver founder Igor Runets from house arrest to pretrial detention for two months over alleged large-scale fraud involving nearly R
@theblockcoNEW: A Russian court moved Igor Runets, founder of the country's largest mining company BitRiver, from house arrest to a pre-trial detention center after being charged with fraud involving 1 billion rubles ($12.5 million), according to Bits