Latvian NFT Artist’s $8.7M Earnings Frozen For Alleged Money Laundering
Published on: Monday 25 July 2022
Ilya Borisov, known as Shvembldr, made headlines this week after the Latvian government had frozen his $8.7M earnings. To clarify, state officials accuse the Latvian NFT artist of money laundering.
News source: https://nftevening.com/latvian-nft-artists-8-7m-earnings-frozen-for-alleged-money-laundering/
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Latvian NFT artist faces 12 years in jail over ‘money laundering’, €8.7 million art earnings frozen