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- This case is separated from the Foxpay pre-trial investigation, in which the legalization of at least 17 million euros obtained illegally, bribes totaling 100 thousand euros, are suspected.
- In 2024, law enforcement reported that crimes related to Foxpay under investigation include embezzlement, theft, large-scale fraud, bribery, corruption, and legalization of criminally obtained property – money laundering.
The court has opened a criminal case related to the financial technology company Foxpay, in which four individuals – Vilhelmas Germanas, Andrius Razma, Alfonsas Ambrazas, and Mindaugas Navickas – are accused of fraud involving the embezzlement of cryptocurrency mining equipment worth more than 23 million euros.
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It appears that a claim of 25 million euros for damages to foreign businessmen has been filed in the case. However, the defense of the accused tried to use a tactic that would allow avoiding the consideration of such a claim altogether.
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