BitRiver CEO arrested for alleged tax concealment: Reports

The Zamoskvoretsky Court in Moscow has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest amid tax evasion charges.  

The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple counts of tax evasion. 

According to reports from local media outlets such as RBK and Kommersant on Sunday, Runets was detained on Jan. 30 and is facing three charges for allegedly concealing assets to evade taxes.

The outlets cite court documents from the Zamoskvoretsky Court of Moscow, which indicate that Runets was charged on Jan. 31 and ordered to be placed under house arrest on the same day. 

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