The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank. Meanwhile, an anti-drug organization has referred the case to the interior ministry and the central bank, asking authorities to investigate Suex’s connections with financial companies and a darknet market operating in the region.
Co-Founder of Suex Fired by MTS Bank, Another Quits Job at Chatex
Russian entrepreneur and financial executive Vasily Zhabykin, one of the founders of troubled crypto broker Suex, has been released from his managerial role at MTS Bank, where he headed the innovative Neo bank project, Kommersant reported. Quoting a source familiar with the matter, Russia’s leading business daily added that the dismissal was due to the U.S. sanctions imposed over the platform’s alleged money laundering operations.
The news comes after one of Zhabykin’s partners at Suex, co-owner Egor Petukhovsky, announced he is leaving crypto exchange bot Chatex, a company that has been linked to Suex. In a Facebook post published Friday, Petukhovsky reacted to what he called the “discredential campaign in the media,” stating that neither him, nor any affiliated business, has ever engaged in illegal activities.
“I intend to firmly defend my name in litigation in the United States of America,” the Suex co-founder revealed.
Besides Zhabykin and Petukhovsky, other individuals believed to be associated with the cryptocurrency broker include Ildar Zakirov, Maxim Subbotin, Maxim Kurbangaleev, who has denied direct involvement, and the Czech venture capitalist Tibor Bokor, said to be one Suex’s executives along with Zhabykin. The platform is incorporated in the Czech Republic as Suex OTC s.r.o. but reportedly operates from physical offices in the Russian Federation, including branches in the capital Moscow and Saint Petersburg.