{"id":22824,"date":"2025-04-08T14:39:11","date_gmt":"2025-04-08T11:39:11","guid":{"rendered":"https:\/\/forklog.com\/en\/kazakhstan-reports-seizure-of-cryptocurrency-from-pyramid-schemes\/"},"modified":"2025-04-08T14:39:11","modified_gmt":"2025-04-08T11:39:11","slug":"kazakhstan-reports-seizure-of-cryptocurrency-from-pyramid-schemes","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kazakhstan-reports-seizure-of-cryptocurrency-from-pyramid-schemes\/","title":{"rendered":"Kazakhstan Reports Seizure of Cryptocurrency from Pyramid Schemes"},"content":{"rendered":"<p>Since the beginning of 2025, Kazakhstan&#8217;s <span data-descr=\"Agency for Financial Monitoring\" class=\"old_tooltip\">AFM<\/span> has dismantled 24 financial pyramids, including those accepting cryptocurrency deposits. The agency <a href=\"https:\/\/t.me\/aqorda_resmi\/23733\">reported<\/a> this to President Kassym-Jomart Tokayev.<\/p>\n<p>As part of the investigation, digital assets of the criminal scheme organizers were frozen, amounting to 2.2 billion tenge ($4.18 million at the time of writing).<\/p>\n<p>In total, the AFM completed investigations into 300 criminal cases, including illegal activities of a group of microfinance organizations and unjustified budget expenditures in the implementation of large infrastructure projects.<\/p>\n<p>The agency also blocked 5,600 fraudulent websites and closed 30 group chats and accounts with a total audience of over 22,000 people.<\/p>\n<p>During the reporting period, victims were compensated for damages amounting to approximately 20 billion tenge (over $38 million).<\/p>\n<p>With the assistance of the Agency, legislative amendments were introduced in Kazakhstan&#8217;s <span data-descr=\"lower house of parliament\" class=\"old_tooltip\">Mazhilis<\/span> to counter money laundering in accordance with <span data-descr=\"Financial Action Task Force\" class=\"old_tooltip\">FATF<\/span> standards.<\/p>\n<p>Back in 2024, the AFM <a href=\"https:\/\/forklog.com\/en\/news\/kazakhstan-resident-illegally-exchanged-cryptocurrencies-worth-11-3-million\">dismantled<\/a> 36 illegal crypto exchanges with a total turnover of 60 billion tenge ($121.9 million). The amount of frozen and confiscated assets was 4.8 million USDT (about 2.5 billion tenge).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the beginning of 2025, Kazakhstan&#8217;s AFM has dismantled 24 financial pyramids, including those accepting cryptocurrency deposits. The agency reported this to President Kassym-Jomart Tokayev. As part of the investigation, digital assets of the criminal scheme organizers were frozen, amounting to 2.2 billion tenge ($4.18 million at the time of writing). In total, the AFM [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,153,1163,1246,1172],"class_list":["post-22824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-kazakhstan","tag-ponzi-schemes","tag-scammers","tag-seized-bitcoins"],"aioseo_notices":[],"amp_enabled":true,"views":"42","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22824"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22823"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}