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Russian Prosecutors Seek to Seize $3 Billion in Assets in WEX Exchange Bribery Case Involving Former Interior Ministry Official
According to Cryptopolitan, Russian prosecutors are seeking to confiscate assets worth over 2.1 billion rubles (approximately $3 billion) from former Interior Ministry official Georgy Satyukov. Satyukov is accused of accepting bribes from WEX cryptocurrency exchange administrator Alexey Ivanov, receiving 2,119.5 bitcoins and 10,016 ether.
Between 2019 and 2021, Satyukov led the "K" department, which specialized in investigating financial fraud and cybercrime. His luxury assets include 13 apartments, commercial real estate, luxury cars, and $1.3 million worth of luxury goods. WEX exchange was the successor to BTC-e and saw approximately $450 million in cryptocurrency disappear due to a lack of anti-money laundering measures. Satyukov is currently on the run and internationally wanted, with the first court hearing scheduled for December 8, 2025. If convicted, his assets will be transferred to the Russian state treasury.