Catalin Cimpanu reports:
Russian authorities have arrested 96 individuals linked to the Cryptex cryptocurrency exchange, the UAPS anonymous money transfer system, and 33 other illegal payment systems.
The arrests took place following house searches at 148 locations across 14 Russian regions in what Russian media has called one of the country’s largest crackdowns against cybercrime and cryptocurrency gangs.
According to Russian news agency Interfax, one of the detained suspects was identified as Sergey Ivanov, the administrator of Cryptex and UAPS.
Ivanov’s arrest comes a week after US authorities charged and sanctioned him for running the same platforms and facilitating a large-scale money laundering business for cybercrime operations.
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