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After Its New Crypto Law, Russia Shuts Down Nine Platforms

Cointribune·August 8, 2026·1 min read
After Its New Crypto Law, Russia Shuts Down Nine Platforms

After its new crypto law, Russia tightened control on unregistered platforms. The FSB conducted raids on nine exchange platforms in Moscow, arresting over 20 employees. Authorities allege these structures laundered funds from scams, converting stolen money into crypto-assets before transferring it to accounts linked to Ukrainian intermediaries.

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