Russia's biggest bitcoin mining firm's founder arrested for tax evasion while his company faces bankruptcy

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Russia's largest bitcoin mining firm is facing bankruptcy due to tax evasion charges against its founder and pressure from energy debts, regulatory curbs, and internal turmoil.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

An En+ subsidiary has filed an insolvency claim against the crypto mining firm, adding to pressure from energy debts, regulatory curbs and internal turmoil.

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Original article published by CoinDesk on February 3, 2026.
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