{"id":84334,"date":"2023-09-12T11:49:26","date_gmt":"2023-09-12T08:49:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84334"},"modified":"2025-09-12T16:45:17","modified_gmt":"2025-09-12T13:45:17","slug":"moscow-arrests-founder-of-fraudulent-bitcoin-exchange-intelex","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/moscow-arrests-founder-of-fraudulent-bitcoin-exchange-intelex\/","title":{"rendered":"Moscow arrests founder of fraudulent Bitcoin exchange Intelex"},"content":{"rendered":"<p>Moscow law enforcement officers have arrested one of the heads of the Well-being investment fund and founder of the cryptocurrency exchange Intelex, Vitaly Sokolovsky, who is accused of fraud amounting to tens of millions of rubles. This is reported by <a href=\\\"https:\/\/www.kommersant.ru\/doc\/6210747\\\">\u00ab\u041a\u043e\u043c\u043c\u0435\u0440\u0441\u0430\u043d\u0442\u00bb<\/a> citing sources.<\/p>\n<p>According to investigators, during 2021\u20132022 Sokolovsky, together with accomplice Vitaly Pavlov, attracted funds under the pretext of investing in cryptocurrencies, promising monthly dividends of 12%.<\/p>\n<p>The amount of contributions ranged from 4.5 million to 15 million rubles. The fund operated as a financial pyramid, so some clients initially received the promised returns from the funds of new investors.<\/p>\n<p>In addition, the leaders of the Well-being launched the Intelex exchange purportedly so that investors could trade cryptocurrencies themselves. To open a personal account on the platform, a fee of about $1,000 was required. The exchange&#8217;s website is currently unavailable.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"443\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Opera-Snimok_2023-09-12_114222_otziv-broker.com_-1024x443.png\" alt=\"Opera-Snimok_2023-09-12_114222_otziv-broker.com_\" class=\"wp-image-215597\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Opera-Snimok_2023-09-12_114222_otziv-broker.com_-1024x443.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Opera-Snimok_2023-09-12_114222_otziv-broker.com_-300x130.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Opera-Snimok_2023-09-12_114222_otziv-broker.com_-768x333.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Opera-Snimok_2023-09-12_114222_otziv-broker.com_-1536x665.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Opera-Snimok_2023-09-12_114222_otziv-broker.com_.png 1612w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">D\u0430\u043d\u043d\u044b\u0435: Otziv-broker.com.<\/figcaption><\/figure>\n<p>According to investigators, all funds received were embezzled by Sokolovsky and his accomplices.<\/p>\n<p>Beyond Moscow, the fund&#8217;s branches operated in Saint Petersburg, Krasnodar and Sochi.<\/p>\n<p>Currently, around thirty people have been recognised as victims in the case, but the number is likely to grow substantially. The losses could run into hundreds of millions of rubles.<\/p>\n<p>Currently Sokolovsky is in a pre-trial detention centre. Vitaly Pavlov has been placed on the wanted list, and he has been charged with fraud in absentia.<\/p>\n<p>Earlier, ForkLog reported that for the first half of 2023 the total losses from the activities of Russia&#8217;s largest cryptocurrency pyramids amounted to <a href=\"https:\/\/u1f987.com\/en\/news\/losses-from-bitcoin-pyramid-schemes-in-russia-exceed-50-million-in-six-months\">more than $50 million<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the leaders of the Well-being investment fund and founder of the Intelex cryptocurrency exchange, Vitaly Sokolovsky, has been arrested on fraud charges.<\/p>\n","protected":false},"author":1,"featured_media":84335,"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-84334","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":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84334","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=84334"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84334\/revisions"}],"predecessor-version":[{"id":84336,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84334\/revisions\/84336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/84335"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=84334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=84334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=84334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}