Ex-Binance Executive and Blum Co-Founder Vladimir Smerkis Arrested for Alleged Crypto Fraud

Russian authorities arrested Vladimir Smerkis, a co-founder of the Telegram-based crypto platform Blum, on fraud charges. A Moscow court quickly approved his detention as investigations are ongoing. The case reportedly connects to earlier projects that allegedly defrauded investors of $15 million. Smerkis Detained Under Russia’s Criminal Code Yesterday, May 18, the Russian state news agency […] The post Ex-Binance Executive and Blum Co-Founder Vladimir Smerkis Arrested for Alleged Crypto Fraud appeared first on Coin Edition.