Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds

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Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia FindsA majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access to crypto assets. Russian Pyramids Take Advantage of Western Sanctions […]

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