Russian law enforcement officers have carried out a series of searches at cryptocurrency exchange offices located in the Federation East Tower of the Moscow City business district, according to Bits Media. Police said the operation is tied to a 144 million ruble theft case, with the allegedly stolen funds suspected of having moved through the exchange businesses under scrutiny. Investigators are now tracing the transactions and examining whether office employees were involved in the suspected flow of funds. During the investigation, dozens of employees were detained. A Moscow court has ordered pretrial detention for eight defendants, while the procedural status of the remaining detainees has not been disclosed. The exchange offices temporarily suspended operations during the searches.
Russian law enforcement officers have conducted a series of searches at cryptocurrency exchange offices in the Federation East Tower of the Moscow City business center, according to Bits Media.
Police said the searches are connected to a 144 million ruble theft case. The funds involved are suspected of having passed through the exchange operators in question. Investigators are tracing the transactions and examining whether office employees were involved.
Dozens of employees were detained during the investigation. A Moscow court has ordered pretrial detention for eight defendants, while the procedural status of the other detainees has not been made public. The offices temporarily halted operations during the searches.
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