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Latvia , Tuesday 02 June 2026

Latvian NFT Artist’s $8.7M Earnings Frozen For Alleged Money Laundering

Published on: Monday 25 July 2022

Latvian NFT Artist’s $8.7M Earnings Frozen For Alleged Money Laundering 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.



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