Russia | ForkLog

ForkLog 30 09.12.2024

Assets Seized from Former Investigator Accused in WEX Bribery Case

Assets valued at over 2.1 billion rubles have been seized in the investigation of a cryptocurrency bribery case involving former head of the BST of the Russian Ministry of Internal Affairs, Georgy Satyukov. This was reported by RIA Novosti. According to the investigation, Satyukov and his subordinate Dmitry Sokolov offered protection services to Alexey Bilyuchenko […]

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ForkLog 20 09.12.2024

Russia Proposes Framework for Seizing Cryptocurrencies

The Investigative Committee of Russia has drafted a bill outlining the procedures for the seizure, confiscation, and arrest of digital currencies. This was announced by the head of the agency, Alexander Bastrykin, in an interview with RIA Novosti. The document proposes amendments to criminal and criminal procedural legislation. For these purposes, cryptocurrencies are recognized as […]

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ForkLog 35 05.12.2024

UK Cracks Down on Russian Cryptocurrency Laundering Network

The NCA, with the aid of international partners, has dismantled extensive Russian money laundering networks using cryptocurrencies, linked to drug and arms trafficking, ransomware, and espionage activities. Operation Destabilise: NCA disrupts $ multi-billion Russian money laundering networks with links to, drugs, ransomware and espionage, resulting in 84 arrests. Read the full story ➡️ https://t.co/24qU98Ld4e pic.twitter.com/ZjPmXuFvuZ […]

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ForkLog 6 04.12.2024

Google DeepMind Tests Russian AI Environment

Russian scientists have unveiled a new open environment, XLand-MiniGrid, designed for developing algorithms in contextual reinforcement learning, a distinct branch of AI research. This was reported by “Vedomosti” citing a statement from “T-Bank”. The project involved researchers from T-Bank AI Research, the AIRI Institute, and students from three universities — MIPT, Skoltech, and Innopolis University. […]

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ForkLog 18 04.12.2024

Putin Confirms Timeline for Digital Ruble Implementation

The digital ruble will be used for transactions within Russia starting in 2025, President Vladimir Putin announced at the VTB “Russia Calling!” forum, as reported by TASS. “As agreed, from next year, digital ruble transactions should be used in the federal budget system, and from July 1, 2025, this capability should be available nationwide,” said […]

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ForkLog 15 03.12.2024

Russian Police Uncover Fake Crypto ATM Scheme

In Moscow, police have detained a suspect involved in the theft of citizens’ savings through the use of crypto ATMs, according to a statement from the Russian Ministry of Internal Affairs. Preliminary information suggests that a group of criminals installed over 20 crypto ATMs in several Russian regions and managed them remotely. Allegedly, victims were […]

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ForkLog 35 03.12.2024

Russia Develops AI Assistant for Psychologists

In Russia, a virtual assistant powered by AI has been developed for psychologists, reportedly doubling productivity, service quality, and revenue. This was reported by TASS Science, citing the press service of the Ministry of Science and Innovation Policy of the Novosibirsk Region. “The program helps automate processes and focus on the client, enhancing specialists’ productivity. […]

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ForkLog 24 02.12.2024

Founder of Hydra Store Sentenced to Life Imprisonment in Russia

The Moscow Regional Court has sentenced Stanislav Moiseev, the founder of a store on the darknet marketplace Hydra, to life imprisonment and a fine of 4 million rubles, as reported by Interfax. Fifteen of Moiseev’s accomplices received sentences ranging from eight to 23 years, with fines totaling 16 million rubles. All individuals involved in the […]

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ForkLog 15 02.12.2024

Siberian Legislator Faces Charges for Garage-Based Crypto Mining

A member of the Krivodanovsky village council in the Novosibirsk region has been accused of causing property damage through illegal cryptocurrency mining, according to the regional prosecutor’s office. Case files indicate that 28-year-old Alik Nersisyan set up an illicit mining operation in his garage in the village of Krivodanovka. Investigators allege he used piercing clamps […]

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ForkLog 23 29.11.2024

Russian Central Bank Reports 4.8 Trillion Rubles in Crypto Transactions

In the second and third quarters of 2024, Russian users conducted cryptocurrency transactions amounting to 4.8 trillion rubles ($45.2 billion at the time of writing), according to the central bank’s assessment. This marks an 18% increase from the previous reporting period. As of September, the balances of Russians on cryptocurrency exchanges decreased by 15.8% compared […]

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ForkLog 15 29.11.2024

Russia Dismisses Proposal for Bitcoin Reserves

Russia has no immediate plans to store budget reserves in the leading cryptocurrency. This was stated by Anatoly Aksakov, head of the State Duma Committee on Financial Markets, in an interview with Parliamentary Newspaper. He attributed this stance to the asset’s high volatility and technical characteristics. “Bitcoin is backed by private individuals, and it is […]

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ForkLog 132 27.11.2024

OneCoin Founder Ruja Ignatova Allegedly Hiding in Russia

Ruja Ignatova, the founder of the cryptocurrency pyramid scheme OneCoin, reportedly had connections within Kremlin circles and may be hiding in Russia. This was revealed in a letter to Decrypt by BBC investigative journalist Joran Tsalov. The source cites information obtained during an interview with Ignatova’s former security advisor, Frank Schneider. Schneider allegedly confirmed the […]

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