BitRiver CEO arrested for alleged tax concealment: Reports

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The Zamoskvoretsky Court in Moscow has reportedly ordered that BitRiver CEO Igor Runets be held in 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 Friday and is facing three charges for allegedly concealing assets to evade taxes.

The outlets cite court documents from the Zamoskvoretsky Court of Moscow indicating that Runets was charged on Saturday and ordered to be placed under house arrest the same day. 

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