Police Seek Russian Crypto-Ponzi Founders as Investigation Continues

Dale Hurst
·1 min read

BeInCrypto –

The Russian police are continuing their investigation into a crypto-based Ponzi scheme that has cost investors a potential total of $95 million.

Back in July, around 100 investors sent statements to the police reporting the financial organization Finiko. These statements confirmed financial damages totaling at millions of rubles. However, further reports stipulated that the amount could be as much as 7 billion rubles. Equating to around $95 million at time of press.

Police are currently seeking out three of the Finiko co-founders, who remain at large. The whereabouts of Zygmunt Zygmuntovich and Edward and Marat Sabirov are currently unknown. Russian officials put the men on a wanted list on August 11.

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