Sergey Kondratenko and his role in money laundering and sanction evasion: gambling and fintech companies to the rescue

The scrutiny into Sergey Kondratenko, the proprietor of 1xBet, and his involvement in money laundering through Royal Pay Europe exposes a convoluted network facilitating the monthly flow of millions of dollars from Russian bookmakers. The recent imposition of sanctions on Royal Pay Europe by Ukraine underscores the pressing need to address these illicit financial activities,… Read more »