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BitRiver Founder Igor Runets Jailed on $12.5 Million Fraud Charges Ahead of Trial

Covered by 5 sources · 5 articles

5 outlets - including Coinotag, Cryptonomist and Crypto-economy and 2 more - are covering this story. Crypto News Bitcoin (BTC), the largest proof-of-work network, is facing a reputational spillover from Russia’s industrial mining sector after Igor Runets, founder of BitRiver, was transferred from ...

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Bitcoin Miner BitRiver Founder Jailed in $12.5M Fraud Case
CoinOtag Jul 30, 14:25 UTC

Bitcoin Miner BitRiver Founder Jailed in $12.5M Fraud Case

Crypto News Bitcoin (BTC), the largest proof-of-work network, is facing a reputational spillover from Russia’s industrial mining sector after Igor Runets, founder of BitRiver, was transferred from ...

BitRiver fraud charges: founder jailed over $12.5M equipment deal
Cryptonomist Jul 30, 14:16 UTC

BitRiver fraud charges: founder jailed over $12.5M equipment deal

The founder of one of Russia’s largest crypto mining operations is now behind bars, and the charges against him read like a case study in high-stakes contract fraud. Igor Runets, who built BitRiver into a major player in the Russian crypto…

Russian Court Sends BitRiver Founder Igor Runets From House Arrest to Pre-Trial Detention
Crypto Economy Jul 30, 14:07 UTC

Russian Court Sends BitRiver Founder Igor Runets From House Arrest to Pre-Trial Detention

TL;DR Russian authorities transferred BitRiver founder Igor Runets from house arrest to pre-trial detention for at least two months while a fraud investigation continues in Moscow. Investigators allege an unfulfilled $8 million equipment co…

BitRiver CEO Igor Runets faces fraud charges in Russia
Cryptopolitan News Jul 30, 12:03 UTC

BitRiver CEO Igor Runets faces fraud charges in Russia

The founder and chief executive of the Russian Bitcoin mining giant BitRiver, Igor Runets, has been charged with large-scale fraud and remanded in custody. The crypto entrepreneur, who was detained earlier this year on tax evasion charges a…

BitRiver Founder Igor Runets Jailed on $12.5 Million Fraud Charges Ahead of Trial
Bitcoin World Jul 30, 10:50 UTC

BitRiver Founder Igor Runets Jailed on $12.5 Million Fraud Charges Ahead of Trial

BitcoinWorld BitRiver Founder Igor Runets Jailed on $12.5 Million Fraud Charges Ahead of Trial Igor Runets, the founder of Russian cryptocurrency mining firm BitRiver, has been placed in pretrial detention on fraud charges involving approxi…