Russian police arrested someone allegedly involved in a code mining scam that stole 270 million rubles ($3.2 million) from 100 victims, citing a statement from the Interior Ministry in the Irkutsk region.
He called police in February and said he handed out ASIC mining machines to someone who claims to run a “mining hotel” with passive income. The 26-year-old suspect and two accomplices allegedly sold the equipment they received and maintained funds to hand over the purchase of other mining machines.
Police opened criminal fraud cases against suspects and continued to question the victims. Other members of the mining group are still being sought by the authorities, the statement said.
A similar case occurred in 2022, when the two stole 2 million rubles after providing a fake mining hosting scheme to local citizens.
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