Kyrgyzstan | ForkLog

ForkLog 19 08.05.2024

Two Arrested in Connection with Four Dragons Exchange Hack

On May 8, the Pervomaisky District Court in Bishkek ordered the arrest of two individuals suspected of involvement in the recent hack of the cryptocurrency exchange Four Dragons. Sources close to the detainees’ lawyers informed ForkLog of the development. According to these sources, one of the suspects is Marat Zaripov, a former employee of the […]

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ForkLog 20 22.03.2024

Kyrgyzstan’s Four Dragons Exchange Reveals Hack Details

Representatives of the Kyrgyz cryptocurrency exchange Four Dragons, which suffered a hack in late February, have disclosed some details of the incident investigation to ForkLog. According to them, unknown individuals stole USDT from the platform’s hot wallet during a major transaction. Four Dragons declined to disclose the amount of the loss, citing the confidentiality of […]

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ForkLog 39 29.02.2024

Kyrgyzstan’s Four Dragons Exchange Reports Security Breach

The cryptocurrency exchange Four Dragons from Kyrgyzstan confirmed a security breach and asset theft. The incident occurred on February 22. The team described the financial loss as “significant,” without specifying exact figures. According to the Telegram channel “Mendeleevshina”, the amount involved is $841,000. Meanwhile, “VChK-OGPU”, citing unofficial sources, suggests the figure exceeds $100 million. Four […]

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ForkLog 6 22.09.2023

Russia approves extradition of Finiko co-founder Cholpon Aidarova to Kyrgyzstan

Russia's Prosecutor General's Office approved the Kyrgyz colleagues' extradition request for Cholpon Aidarova, a suspect in the Finiko financial pyramid.

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ForkLog 7 28.07.2023

Kyrgyz president approves mining farm at Kambar-Ata-2 hydroelectric station

In Kyrgyzstan, mining devices will be placed at the Kambar-Ata-2 Hydroelectric Station with the approval of President Sadyr Japarov.

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ForkLog 12 15.06.2022

Kyrgyz Central Bank warns of illegality of using cryptocurrencies for payments

The National Bank of Kyrgyzstan warned of potential risks associated with cryptocurrencies.

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ForkLog 16 16.03.2022

Mining farm of 150 ASIC miners found in a Bishkek hotel

Authorities in Kyrgyzstan halted the operation of a mining farm found in the basement of a Bishkek hotel.

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ForkLog 9 08.12.2021

Newly Appointed Cholpon-Ata RES Chief in Kyrgyzstan Found Running an Underground Mining Farm

The newly appointed head of the Cholpon-Ata RES in Kyrgyzstan installed cryptocurrency-mining equipment at home, connecting it to the power supply bypassing the meter.

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ForkLog 7 15.11.2021

Mining farm with 2,500 servers found in Kyrgyzstan

The State Committee for National Security of Kyrgyzstan uncovered a large mining farm camouflaged as a greenhouse.

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ForkLog 21 01.10.2021

Kyrgyz government approves new electricity tariffs for miners

The Kyrgyz government approved new electricity tariffs for 2021-2025. They provide for higher electricity prices for mining activities.

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ForkLog 16 26.08.2021

Kyrgyz Cabinet Unveils Draft Regulation for Bitcoin Exchanges

The State Service for Regulation and Supervision of Financial Markets of Kyrgyzstan has developed a draft regulation governing cryptocurrency exchanges.

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ForkLog 6 27.05.2021

Kyrgyz authorities seize over 2,000 mining devices

The State Committee for National Security of Kyrgyzstan uncovered illegal mining farms in Bishkek and the Chuy Region.

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