17 Sep 2025 | 5 Mins Read

Swiss Trader Raided Over Alleged Russian Gold Involvement

Flipitmoney

Swiss authorities raided Open Mineral AG's office in Zug as part of a sanctions breach investigation into Russian gold trading. Authorities searched the office with local police last week, and the case is an administrative criminal proceeding against two individuals. Open Mineral states its operations are compliant with laws and regulations, saying business operates "as usual."