MOSCOW, November 2 (RAPSI) – Moscow’s Presnensky District Court on Monday sentenced ex-hockey player Igor Musatov to 4 years in penal colony for cryptocurrency fraud, the court’s press service told RAPSI.

He was arrested in September 2019 and placed in detention.

Investigators claimed Musatov had failed to fulfil his obligations on a deal on the exchange of money for cryptocurrency in the amount of nearly 40 million rubles (about $500,000 at the current exchange rate). The defendant pled not guilty.