Russia Shuts Down 5 Crypto Exchanges and Darknet Drug Market in Major Crackdown

TL;DR: The Russian Ministry of Internal Affairs dismantled five cryptocurrency exchange platforms linked to money laundering originating from the Darknet. Police officers secured records for more than 185,000 transactions and confiscated cash, computer equipment, and crypto assets. Five moderators of a digital forum remain in judicial custody charged with organizing a criminal syndicate. The Ministry of Internal Affairs of Russia dismantled five unidentified cryptocurrency exchanges and closed down a narcotics marketplace on the Darknet this October 28. Official spokeswoman for the agency, Irina Volk , confirmed the seizure of documentary evidence, cash currencies, and digital assets . As reported by the financial portal RBC citing official statements from Volk, the platforms utilized technological tools to preserve user anonymity.

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