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 recent theft involving Coinbase Commerce has been uncovered by crypto investigator ZachXBT, revealing that over $15.9 million worth of USDC was stolen from a vendor.
Roni Cohen-Pavon, formerly the chief revenue officer at Celsius, will not face sentencing this week as initially scheduled.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on several individuals and entities tied to a Russian money laundering operation that utilized Tether (USDT) and other cryptocurrencies for illicit transactions.
A prominent cryptocurrency platform has suffered a major cyberattack, leading to a $50 million theft on October 16, 2024.