My.Games divests creator platform allegedly used to violate Russia sanctions

My.Games has divested Boosty, its former creator support platform after allegations it was used to violate international sanctions on Russia. According to an investigation by Dutch outlet Nieuwsuur, creators solicited cryptocurrency donations on the platform and then used these funds to support Russian war efforts.

While Boosty’s parent company, CEBC, and its parent company My.Games are located in the Netherlands, the company has ties to Russia. MyGames was part of Russian internet giant VKontakte (VK) prior to the war. Eventually, Alex Chachava — who is not on a sanctions list — purchased the developer for $642 million in 2022. This divestiture allowed the company to move out of Russia to Amsterdam and continue operating.