Security· ★★★· bearish·

Crypto scammers stole 25 billion rubles from Russians this year

  • Russian losses from crypto fraud reached about 25 billion rubles this year
  • Fake arbitrage scheme promises a 20% spread via a phishing exchange clone
  • Victims are allowed to withdraw $10–15 before accounts are frozen or AML fees demanded
  • Spoofed Zoom and Google Meet calls steal email access and 2FA within 20–30 minutes
Why it matters: Rising losses increase pressure on Russian regulators to restrict P2P trading and crypto advertising.
Source: Bits.media