Security· ★★· neutral·

Former Kaliningrad FSB officers on trial for extorting $4.4M in crypto

  • —Charges include large-scale bribery under Article 290 and abuse of power under Article 286
  • —Witness Molochkov transferred crypto worth 300 million rubles on the night of April 10, 2024
  • —He later sent another ~59 million rubles in crypto under threats of prosecution
  • —Baburin allegedly promised Antonov 40 million rubles for his role in the scheme
Why it matters: The case highlights how crypto is used in Russian corruption schemes and the risks for asset holders under pressure from law enforcement.
Source: BeInCrypto RU
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