Egor Petukhovsky, the founder of the over-the-counter (OTC) crypto desk Suex and the Telegram chat bot for peer-to-peer crypto trades Chatex, mentioned he’s keen to go to court docket to shield his title after the U.S. Treasury’s Office of Foreign Assets Control (OFAC) designated Suex as a money-laundering car on Tuesday.
“Neither me, nor a single business affiliated with me has ever engaged in any illegal activity,” Petukhovsky wrote on his Facebook web page on Thursday. “I intend to firmly defend my name in litigation in the United States of America.”
He additionally mentioned that he “decided to withdraw from the shareholders of the Chatex” and give up his job “as an employee of the Chatex company.”
Petukhovsky declined to remark additional on the scenario for CoinDesk.
Who is Suex?
Binance, the world’s largest crypto alternate, introduced on Wednesday that it deactivated Suex accounts on the alternate. Most of the 25 Suex cryptocurrency addresses blacklisted by OFAC turned out to be alternate deposit addresses, as CoinDesk reported earlier.
Blockchain investigations agency Chainalysis, which mentioned it helped OFAC determine the Suex addresses and recognized some $13 million in bitcoin transactions despatched via Suex straight tied to ransomware assaults, informed CoinDesk that the corporate had been on their radar for a while.
“We use our data to research high-level money laundering trends, and years ago identified Suex addresses as part of a relatively small group of a few hundred addresses that receive an outsize quantity of illicit funds,” Chainalysis spokesperson Maddie Kennedy informed CoinDesk through e mail, including that it’s doable not all addresses of Suex have been recognized but, and Chainalysis will maintain monitoring the agency’s exercise.
Another crypto sleuthing firm, TRM Labs, said Suex has been registered within the Czech Republic as SUEX OTC s.r.o. with Egor Petukhovsky as the most important shareholder. Another company mother or father of Suex is the Estonian firm Izibits OU, which can be the proprietor of Chatex, TRM Labs wrote.
Other Suex shareholders embody Vasilii Zhabykin, Ildar Zakirov and Maksim Subbotin, who can even go by the title Maxim Kurbangaleev, TRM Labs mentioned. Zhabykin additionally used to work at NUUM, the banking platform of Russia’s main telecom supplier MTS. On Wednesday, Russian newspaper Kommersant wrote that Zhabykin not works at NUUM.
CoinDesk requested feedback from Zhabykin, Zakirov and Subbotin. We will replace this story if we hear again.