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PSB Says BitRiver Founder Is Liable for a 773 Million-Ruble Claim

PSB bases its claim on a guarantee Runets gave for BitRiver-B’s borrowing.

Updated 1 min read
An anonymous lawyer enters a courthouse in Moscow, Russia, beneath an overcast afternoon sky. (AI-generated image / EconoTimes)
An anonymous lawyer enters a courthouse in Moscow, Russia, beneath an overcast afternoon sky. (AI-generated image / EconoTimes)

PSB Bank says Igor Runets, who founded Bitcoin (BTC) miner BitRiver, guaranteed a loan taken by BitRiver-B. The bank says the guarantee makes Runets jointly liable for a claim of about 773 million rubles after the borrower missed a scheduled repayment.

The borrower is one of several companies linked to the BitRiver business. Some affiliates have entered bankruptcy observation proceedings.

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