Russian law enforcement to go after people helping to launder proceeds from crypto scams.
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for the activities of these people, also known as ‘droppers.
A dropper is usually someone who was offered to accept illicit funds to their bank account or crypto wallet. The person can then buy cryptocurrency, split the amount between several wallets, or withdraw the money. Roman Bubnov, deputy head for departmental and procedural control at MVD’s Investigative Department, admitted that the authorities want to introduce criminal liability for such actions. If that happens, droppers may get between four and seven years of prison time.
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