Binance's Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case

Binance's Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case

Vladimir Smerkis, Binance's former Russia division head, was arrested in Russia for being connected to a large-scale criminal fraud case, local media outlet TASS reported on Sunday.Zamoskvoretsky District Court, which resides in Moscow, granted an investigator's request to detain Smerkis, an unnamed law enforcement agency source told TASS. The report did not share specific details of the fraud case. CoinDesk was unable to contact the Zamoskvoret…

The Moscow court database shows the arrest of a man named Smerkis W.U. According to the TASS agency, the reporter...

Blum Co-founder Smerkis Arrested; Airdrop in Doubt

The post Blum Co-founder Smerkis Arrested; Airdrop in Doubt appeared on BitcoinEthereumNews.com. Vladimir Smerkis was arrested in Moscow for alleged large-scale fraud tied to past projects. Blum says operations will continue without disruption. Uncertainty grows around the planned BLUM token airdrop amid community backlash. Russian authorities arrested Vladimir Smerkis, a co-founder of the Telegram-based crypto platform Blum, on fraud charges. A…

Blum Co-Founder Arrested For Large-Scale Fraud In Moscow

Law enforcement authorities in Moscow arrested and detained Blum co-founder Vladimir Smerkis for his alleged involvement in large-scale fraud. Specific details about the case are not yet available, but it could be due to his role in the controversial TKN and TBX tokens, which led to the loss of $15 million from customers. Vladimir Smerkis, co-founder of Blum and former General Manager of Binance for the CIS region, is currently under police cust…

Vladimir Smerkis, former head of Binance Russia, was placed in pre-trial detention in Moscow, suspected of large-scale fraud. The details of the investigation remain confidential, but the procedure was validated by a Russian court and would be included in a major criminal case. Blum, the trading application he co-founded after Binance, immediately distanced himself, while the rest of the ecosystem remains silent. The former head of Binance Russi…

Vladimir Smerkis, former head of Binance in Russia and co-founder of the Blum platform, is arrested in Moscow amid fraud charges. *** Vladimir Smerkis, former head of Binance in Russia and co-founder of Blum, was arrested in Russia. The case would be related to charges of large-scale criminal fraud. Blum announced that Smerkis is no longer part of the company after the news. Binance, the world’s largest cryptocurrency exchange is once again subj…