Suex CEO Announced What He Will Sue the USA

Suex CEO announced that he will sue the USA. The USA included Suex among the companies to be sanctioned.

The founder of the cryptocurrency exchange Suex, which was included in the banned list for the first time by the USA, announced that it will apply to the court to protect its name and regain its reputation. Breaking his silence, Petukhovsky posted on Facebook about the US sanctions, "Neither I nor my company have ever been involved in illegal business. I intend to strongly defend my name with the lawsuits I will file in the USA." Petukhovsky, who also stated that he will leave his shareholding of Chatex, a Telegram bot established for person-to-person cryptocurrency transactions, did not provide any information about money laundering allegations, other than going to court. While allegations about Suex came one after another, Binance, which is shown as the largest stock exchange in the world, announced on Wednesday that they closed the accounts related to Suex at the beginning of the year. Binance did not provide information about exactly when the accounts were closed. Also at the beginning of the year, the Suex exchange, which is defined as a “money laundering tool” by the Asset Control Office (OFAC), stated that it had forwarded some accounts of the blockchain research company Chainalysis to the necessary authorities. Company spokesperson Maddie Kennedy also told Coindesk: “We use the data on accounts with a high degree of suspicion of money laundering. And a few years ago we also identified Suex addresses as a small part of a relatively money laundering group. We were also unable to identify all addresses. Chainalysis continues to monitor Suex's activities.”