š« MOSCOW CITY PURGE ā 15 EXCHANGERS, 15 DETAINED, ONE ARREST
Special forces simultaneously entered approximately 15 locations in Moscow City. More than 15 employees were taken for questioning in a case involving illegal banking activity. After the night, most were released; two were kept in custody, and the owner of one of the venues was arrested.
This is already the second major blow in Augustāearlier, the FSB shut down nine illegal sites with an alleged turnover of up to $1ā2 million per day, according to their data.
Moscow City has long become an unofficial hub for cash crypto exchange in Russia. Convenient, anonymous, close to banksāan ideal location. It looks like thatās exactly what attracted not only customers, but also law enforcement. The second raid in a month suggests this is no longer a one-off operation, but a systematic purge.
#crypto #russia #exchange #security
SubscribeāI track how governments tighten the screws on crypto š
Special forces simultaneously entered approximately 15 locations in Moscow City. More than 15 employees were taken for questioning in a case involving illegal banking activity. After the night, most were released; two were kept in custody, and the owner of one of the venues was arrested.
This is already the second major blow in Augustāearlier, the FSB shut down nine illegal sites with an alleged turnover of up to $1ā2 million per day, according to their data.
Moscow City has long become an unofficial hub for cash crypto exchange in Russia. Convenient, anonymous, close to banksāan ideal location. It looks like thatās exactly what attracted not only customers, but also law enforcement. The second raid in a month suggests this is no longer a one-off operation, but a systematic purge.
#crypto #russia #exchange #security
SubscribeāI track how governments tighten the screws on crypto š