{"id":59135,"date":"2022-03-23T16:48:57","date_gmt":"2022-03-23T14:48:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59135"},"modified":"2025-09-04T20:18:24","modified_gmt":"2025-09-04T17:18:24","slug":"in-russia-organisers-of-a-cryptocurrency-pyramid-with-losses-of-over-1-billion-rubles-were-detained","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/in-russia-organisers-of-a-cryptocurrency-pyramid-with-losses-of-over-1-billion-rubles-were-detained\/","title":{"rendered":"In Russia, organisers of a cryptocurrency pyramid with losses of over 1 billion rubles were detained"},"content":{"rendered":"<p>FSB officers in Dagestan and the local interior ministry have identified suspects behind a financial pyramid that offered investments in digital assets yielding up to 500% per year. As reported by <a href=\"https:\/\/www.kommersant.ru\/doc\/5270849\">\u00ab\u042a\u00bb<\/a>.<\/p>\n<p>According to sources, the defendants are representatives of the Yusra Global project.<\/p>\n<p>According to the FSB, the perpetrators organized a fraudulent network in August 2019 and opened offices in Dagestan and other regions of the Russian Federation, as well as in Kazakhstan and Turkey.<\/p>\n<p>They &#8220;created the appearance of financial success, artificially inflating the prices of digital assets, and paid dividends using new participants.&#8221; The money obtained from victims was distributed among the suspects and used to purchase real estate.<\/p>\n<p>Preliminary losses totalled more than 1 billion rubles.<\/p>\n<p>In January, four Russian nationals suspected of organizing the scheme were arrested and remanded in custody for two months. They face up to ten years in prison and substantial fines.<\/p>\n<p>Earlier in the Moscow region <a href=\"https:\/\/u1f987.com\/en\/news\/in-russia-suspect-detained-over-embezzlement-of-wex-cryptocurrency-exchange-assets\">arrested<\/a> a suspect in the embezzlement of the co-owner of an unnamed cryptocurrency exchange. According to Indefibank CEO Sergey Mendeleev, the case concerns the &#8220;red admin&#8221; of BTC-e (WEX), Aleksei Bilyuchenko.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FSB officers in Dagestan and the local interior ministry identified suspects behind a financial pyramid that offered investments in digital assets yielding up to 500% per year.<\/p>\n","protected":false},"author":1,"featured_media":59136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1163,27],"class_list":["post-59135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-ponzi-schemes","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=59135"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59135\/revisions"}],"predecessor-version":[{"id":59137,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59135\/revisions\/59137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/59136"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=59135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=59135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=59135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}