The post Russia moves to confiscate $30M assets in WEX corruption case appeared on BitcoinEthereumNews.com.

The Russian government could be adding $30 million worth of assets seized from Georgy Satyukov to its treasury. The former Ministry of Internal Affairs employee is believed to have accepted bribes worth $30 million and used them to buy various luxury assets.  Russian prosecutors are seeking to seize property worth over 2.1 billion rubles from former Ministry of Internal Affairs official Georgy Satyukov, who allegedly accepted $184 million in Bitcoin and $30 million in Ethereum in bribes. How did a Russian police official become a millionaire? A former Ministry of Internal Affairs employee named Georgy Satyukov was identified by Russian prosecutors as the owner of various luxury assets, which Russian authorities believe were purchased with bribes from the operators of WEX crypto exchange. These luxury assets include 13 apartments in Russia, several commercial properties in St. Petersburg, and a villa in the UAE. Satyukov’s property holdings also include a $1 million property in the Russian city of Saratov registered in his brother’s name.  Beyond real estate, investigators discovered two Porsche Cayenne Turbo cars registered in Satyukov’s name, all purchased after 2021, along with seven Patek Philippe watches, an ST Dupont Paris watch, and other jewelry valued at over $1.3 million.  A search of Satyukov’s bank account revealed cash reserves of $540,000, as well as $38,500 in euros, and $14.2 million in Russian rubles held by him and his immediate family members. Satyukov began working at the ministry in 2001 and, between 2019 and 2021, headed a top-secret department codenamed “K” that specialized in investigating financial fraud cases and cybercrime. During his entire time as a Ministry of Internal Affairs employee, Satyukov’s salary would have added up to just $126,165.  The Prosecutor General’s Office has filed a lawsuit demanding that movable and immovable property belonging to Satyukov, his relatives, and Dmitry…

---

Filed under: News - @ December 3, 2025 11:28 pm