Evita Pay founder Iurii Gugnin is currently facing serious allegations related to money laundering through the sanctioned Russian banking system. According to sources, Mr. Gugnin utilized DeFi methods and banned banking channels to transfer millions of USD to the US market.
A significant portion of this money is believed to have been used to manipulate or negatively impact US strategic interests. This money transfer operation not only exploited legal loopholes but also effectively leveraged the hard-to-control nature of cryptocurrencies, which typically support anonymity and difficult transaction traceability.
This money laundering mechanism relies on complex cross-border transactions and the ability to integrate DeFi tools, stablecoins, and Non-Custodial intermediary layers. Large cash flows circulate through multiple anonymous intermediaries, thereby concealing illegal origins, legitimizing assets, and re-entering the legal economic system in the United States.
This case demonstrates the extremely high risks cryptocurrencies pose when abused by organizations or individuals connected to sanctioned financial systems. Beyond threatening economic security, it also challenges international financial law enforcement and control agencies in preventing transnational money laundering.
The impact of this event risks expanding and potentially affecting the entire cryptocurrency ecosystem. Supervisory organizations and exchanges are compelled to upgrade AML/KYC compliance measures and remain vigilant against potential illegal exploitation. This will also trigger a strong review of transactions originating from banks on international sanction lists.
In summary, the case involving Iurii Gugnin and Evita Pay serves as an alarming signal for both the cryptocurrency community and legislators, demanding the establishment of stricter monitoring and tracing mechanisms to protect economic order and national security.
