Cryptocurrency exchange Currency.com came under a large-scale DDoS attack after it announced it would stop servicing users from Russia. The owner of the company, Viktor Prokopenya, told The Sunday Times that Russian hackers were behind the incident.
“One does not have to be a scientist to understand this. We have faced attacks before, as do all financial firms, but the scale of the latest was incredible — ten times greater than anything we have seen,” he said.
Earlier, Belarus-based Currency.com sent notices of service termination to Russian users. From 12 April they were barred from funding their accounts, and on 26 April they would be barred from entering into new trades.
According to Prokopenya, the exchange has about 500,000 Russian clients. The millionaire condemned the decision by Binance, Coinbase and other firms that continued to operate with Russian residents.
“Everyone in the financial community must do all they can and take a principled stand. You must condemn Russia’s actions with the utmost resolve. This is not a political issue like Brexit or Trump, it’s a terrible war. Approval of it is impossible — no one approves it except the hostages of Russian television,” he said.
Japan’s government has banned local crypto firms from dealing with sanctioned individuals.
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