The U.S. Department of Justice has indicted Russian national Iurii Gugnin, a New York resident, for allegedly laundering over $530 million—primarily in USDT—into the U.S. financial system via his crypto firm Evita between June 2023 and January 2025. He faces 22 counts, including bank fraud, sanctions evasion, and export control violations, with a maximum sentence of 30 years per bank fraud charge.