In Komsomolsk-on-Amur, a city in Russia’s Far East, an unnamed individual has been detained on charges of high treason for allegedly sending cryptocurrency to Ukraine's military.
The funds were reportedly intended to buy arms, ammunition, and uniforms, as stated by Russian state media Izvestia.
The Federal Security Service (FSB) released a video of the arrest, showing agents detaining the man forcefully.
This arrest follows a similar case from September 17, where a man in Mariupol was charged with high treason for allegedly providing Ukraine’s intelligence with sensitive information about Russian troop locations.
The potential sentences for these individuals remain uncertain. Recently, physicist Alexander Shiplyuk was sentenced to 15 years for “state treason” after sharing classified missile program details with German intelligence in 2017.
His colleague, Anatoly Maslov, was also accused of similar offenses and sentenced to 14 years in May. If he survives, Maslov will be 90 upon release.
A U.S. court has handed down a 30-year prison sentence to Mohammed Azharuddin Chhipa, who was found guilty of financing terrorism through cryptocurrency.
A major chapter in crypto’s legal reckoning closed this week as Alex Mashinsky, once a prominent name in digital lending, received a 12-year prison sentence.
Former Celsius CEO Alex Mashinsky is asking for a significantly reduced prison sentence ahead of his May 8 sentencing, with his legal team pushing back hard against the U.S. Department of Justice’s call for a 20-year term.
The legal battle against the creators of Samourai Wallet has taken a sharp turn, as defense attorneys accuse federal prosecutors of suppressing a key legal interpretation from the Treasury Department that could dismantle the core of the government’s case.