A Russian digital currency exchange operator has pleaded guilty to his role in the operation of a credit card theft ring that led to over $2.2 billion losses.
The Ministry of Justice is the latest to criticize a digital currency ban proposed by the central bank that would make it illegal for Russians to own Bitcoin.
After taking a hard stance against Telegram for years, the Russian government has finally lifted a ban on the app, citing its cooperation in stopping terrorism.
A Russian ministry has stood up for the digital currency industry against a proposed blanket ban. It urged the gov’t to consider regulating instead of banning.
Illegal block reward mining operations in Russia have reportedly stolen more than $6.6 million worth of electricity from energy producers.
A Russian post office boss has been put behind bars for allegedly processing digital currencies using work computers, reportedly causing damages worth $427.
The federal assembly had proposed the lifting of the ban for distribution of COVID-19 info in Russia, but another ministry is opposing it.
A number of draft bills have surfaced in Russia that would prohibit and criminalize digital currency if they were to become law.
Telegram’s founder has agreed to collaborate with the government on COVID-19 information distribution.
Russia has requested the home detention of alleged fraudster Alexander Vinnik amid concerns over COVID-19.
A highly-organized Russian crime ring has been busted by police for making and selling $13 million in fake cash over the darknet, for digital currency payments.