Founder of Russia's largest BTC miner BitRiver under house arrest for tax evasion

Igor Runets, founder of Russia's largest BTC mining company BitRiver, has been placed under house arrest on tax evasion charges, Coindesk reported, citing Bloomberg. Runets was arrested last Friday for allegedly hiding assets to evade taxes and currently faces a total of three tax evasion charges. On the same day, a subsidiary of En+ Group filed a bankruptcy petition against BitRiver. The lawsuit, seeking approximately $9.2 million, is based on a claim that BitRiver's parent company, Fox Group, failed to deliver prepaid mining equipment. BitRiver was previously sanctioned by the U.S. in 2022 following Russia's invasion of Ukraine.