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Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine

CoinDesk·August 7, 2026·1 min read
Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine

Russia's FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens via unlicensed crypto exchanges linked to Ukraine. The crackdown targets exchanges allegedly used to funnel scam proceeds abroad.

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