On Tuesday, September 29, 2026, OneBullEx reported that Lithuanian prosecutors have closed money laundering and bribery suspicions against crypto entrepreneur Vilhelm German in the Foxpay investigation, citing insufficient evidence and exhausted investigative avenues.
Prosecutors concluded that the evidence gathered did not meet the legal threshold needed to bring charges against German, who had been examined as part of the wider Foxpay case. The inquiry looked into possible financial misconduct connected to the payments company.
Authorities said they had pursued all available lines of investigation without finding sufficient grounds for prosecution, bringing the probe into German to an end.
According to the source digest, the decision was one of two developments favorable to German in the matter. Details of the second development were not provided.
The Foxpay investigation has drawn the attention of Lithuanian financial regulators and law enforcement because of the company’s activity in digital payments, a sector under regulatory scrutiny across the European Union.
The closure of the case removes a legal cloud from German. The broader consequences for Foxpay and any related entities remain unclear. Authorities have not said whether other individuals or entities remain under investigation in connection with the Foxpay probe, and no further information about the scope of the inquiry has been released.
Source: OneBullEx
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