US: Estonians arrested in $575M crypto fraud

SEATTLE — Police in Estonia have arrested two men accused in a $575 million cryptocurrency fraud, US authorities said, Monday.

An indictment unsealed in US District Court in Seattle charged Estonian citizens Sergei Potapenko and Ivan Turogin, both age 37, with wire fraud and conspiracy to commit money laundering. Four other people living in Estonia, Belarus and Switzerland were also charged, but their identities were not released.