CoinDesk·3 min read·medium

Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine

O
Olivier Acuna
Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine
AI Summary

Russian authorities have shut down nine cryptocurrency channels, alleging they were used by Ukrainian-linked call centers to scam Russian citizens. The FSB claims these exchanges were used to fund Ukraine's war effort, though evidence was not provided.

The arrests took place at Moscow City, the capital’s high-rise business district, the security agency said. It also said that the FSB and the Interior Ministry had shut down nine channels used to transfer funds abroad through cryptocurrency.

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