Bitcoin
FSB Raids Moscow City Crypto Hub in Major Fraud Bust
Bitcoin.com News·August 11, 2026·1 min read
Russian authorities raided the Moscow City crypto hub, disrupting nine foreign-coordinated cryptocurrency channels. Over 20 employees from unregistered crypto exchanges and several couriers were detained for involvement in a laundering operation. The FSB dismantled a foreign crypto laundering ring operating out of the business district.
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