Russia Arrests 20+ People in Crackdown on Unregistered Crypto Exchanges
Russia’s Federal Security Service (FSB), in cooperation with the Russian Ministry of Internal Affairs, has arrested more than 20 people in August 7 raids targeting unlicensed cryptocurrency exchange points in the Moscow City financial district. Authorities accuse these facilities of being part of a money-laundering network for phone scams, in which stolen cash was converted…
