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Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend

Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About TrendAn increasing number of financial and crypto pyramids targeting Russian investors have been opening physical offices in the country. The Central Bank of Russia has recently expressed concern over the trend which is seen as an indication that the fraudsters expect growing demand. Russian Crypto Scams Launch Offices to Lure More Investors In-person, Bank of […]

Russia Cautious on Tokenizing Real-World Assets

Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds

Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia FindsA majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access to crypto assets. Russian Pyramids Take Advantage of Western Sanctions […]

Russia Cautious on Tokenizing Real-World Assets