[Russian Bitcoin Mining Company BitRiver CEO Arrested for Alleged Tax Evasion] According to a report by Cointelegraph, Igor Runets, the founder and CEO of Russian Bitcoin mining company BitRiver, has been detained on suspicion of tax evasion. Court documents from Moscow's Zamoskvoretsky District Court show that Runets was detained on January 30 and charged on January 31 with three counts of concealing assets for tax evasion. He has been sentenced to house arrest. If the appeal fails or no appeal is filed, the house arrest order will take effect on February 4, and Runets will be confined to his home for the duration of the case. According to Bloomberg, Runets has accumulated approximately $230 million in net assets through cryptocurrency mining operations as of the end of 2024. Since being sanctioned by the U.S. Treasury Department in 2022 due to the Russia-Ukraine conflict, BitRiver has faced multiple challenges, including Japan's SBI Bank ceasing to use its infrastructure, delayed employee wages, and two lawsuits from Siberian infrastructure suppliers.