Rosfinmonitoring recorded a twofold increase in suspicious transactions with cryptocurrencies. This is reported by Interfax with reference to a statement by the head of the department, Yuri Chikhanchin.
Most often, such transactions are related to drug sales, fraud and corruption crimes, but there are also cases of terrorist financing.
He said that currently about 7,000 law enforcement officers and other interested departments are connected to the tool.
As of November, the single Transparent Blockchain database contained about 19,000 gray addresses and tracked more than 30 cryptocurrencies.
In addition, Rosfinmonitoring together with the Central Bank prevented withdrawal of 320 billion rubles to the shadow sector. In particular, 10 shadow platforms with a turnover of 28 billion rubles and 14 financial pyramids were liquidated. 380 criminal cases have been opened against the organizers and participants of the latter, and 2 billion rubles have been seized.
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.