Crypto raids shake Moscow-City.
By Maxime Laurent · 2025-09-26 14:22
Crypto raids shake Moscow-City.
For three weeks now, security forces have been hitting exchangers Rapira and Mosca, suspected of funneling funds illegally to Dubai.
The scale is heavy: seized equipment, $10M cash, ₽100M, plus €200K — and on top of that, frozen assets across several Chinese platforms. Officially, no criminal case yet, but the fact that investigators keep digging (and whispers about potential чиновники involved) tells me this is far from over.
This is one of those stories that shows the raw edge of crypto’s underground. In Russia, OTC desks have long been the bridge between fiat and crypto, greasing the wheels for capital flight. But when numbers get this big, and especially when politics mix in, the spotlight inevitably comes.
Pour moi, it’s a reminder that crypto isn’t just tech or markets — it’s also power, influence, and money flows that some governments want to keep a tight grip on. And every raid like this makes the gap between “regulated exchanges” and “shadow desks” even sharper.
If officials really were involved, the fallout could be explosive. But even if not, the message is clear: the easy days of quiet OTC operations in Moscow-City might be coming to an end.
#Russia #Exchanges #OTC #Crypto #Dubai
For three weeks now, security forces have been hitting exchangers Rapira and Mosca, suspected of funneling funds illegally to Dubai.
The scale is heavy: seized equipment, $10M cash, ₽100M, plus €200K — and on top of that, frozen assets across several Chinese platforms. Officially, no criminal case yet, but the fact that investigators keep digging (and whispers about potential чиновники involved) tells me this is far from over.
This is one of those stories that shows the raw edge of crypto’s underground. In Russia, OTC desks have long been the bridge between fiat and crypto, greasing the wheels for capital flight. But when numbers get this big, and especially when politics mix in, the spotlight inevitably comes.
Pour moi, it’s a reminder that crypto isn’t just tech or markets — it’s also power, influence, and money flows that some governments want to keep a tight grip on. And every raid like this makes the gap between “regulated exchanges” and “shadow desks” even sharper.
If officials really were involved, the fallout could be explosive. But even if not, the message is clear: the easy days of quiet OTC operations in Moscow-City might be coming to an end.
#Russia #Exchanges #OTC #Crypto #Dubai
Disclaimer: This content is for informational purposes only and not financial advice.