Russian Covert Seizure of Billions of Rubles ($31 Million USD), Mining Equipment Is Apparently False


An anonymous informant’s new tip to police has allegedly led police to raid Sadovod and Moscow trading centers, in which they found “large amounts of cash” and cryptocurrency equipment – and then confiscated them. One day after the raid though, officers denied the confiscation, which allegedly totaled 2 billion rubles ($31 million US) and the mining equipment.

It seems that this is not the first raid either. Rosgvardia officers may have a history of conducting raids on trading centers, according to Bitsonline’s hot WEX scammer reports. The two trading centers mentioned earlier may have attracted police’s attention due to the center’s attempts to attract funds from covert traders in China. There have been several reports indicating that $10 million USD have passed through the centers on a daily basis.

However, despite the news circling around the trading centers and officers, the latter has denied that they were involved in the raids and that they found equipment and cash. The Ministry of Internal Affairs went so far as to also release an official statement on the matter denying it.

The Russian news agency that first reported on the issue did not discuss the amount of money seized by officers, rather, it stated “large amounts of cash” had been seized. The report also indicated that mining rigs were also seized. As for other news outlets, they reported that those at the trade centers funneled electricity in order to operate the mining equipment.

One day after news outlets started releasing information, Russia’s Ministry of Interior released the following statement

“We want to particularly stress that the messages about the police searches on territories of some trading centers of the city of Moscow, as well as about the confiscation of nearly 2 billion rubles together with mining equipment, are not consistent with reality.”

The interesting discrepancy is that unlike the news sources, which did not have an indication on the funds, the ministry released the approximate amount. This suggests that officials may have involved and their effort to stop any continued release of news on the matter may just have been futile.

https://bitcoinexchangeguide.com/todays-expert-coin-value-analysis-for-bitcoin-btc-ethereum-eth-litecoin-ltc-and-bch/

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