Russia's biggest bitcoin mining firm's founder arrested for tax evasion while his company faces bankruptcy

Igor Runets, who founded Russia’s largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three charges for allegedly concealing assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it becomes fully enforceable on Wednesday. If an appeal is unsuccessful or not filed, Runets will remain home‑bound for the entirety of the case, according to RBC. Runets, 39, is ...