Another Russian Law Enforcement Officer Arrested For Alleged Bribery, $74M Scheme
Portfolio Pulse from Khyathi Dalal
Former senior inspector Dmitry Gubin of Moscow is under arrest warrant for allegedly receiving 2,718 Bitcoin ($74.5 million) in bribes. There are suspicions that he has left the country. This follows the arrest of Gubin’s subordinate Kristina Lyakhovenko last month in a similar case. The suspects are believed to have formed a criminal syndicate to receive bribes from individuals connected to various criminal cases. In other news, Binance announced it would sell its Russia business to the newly launched exchange CommEX due to international sanctions imposed on Russia.
October 05, 2023 | 4:41 pm
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The arrest of a Russian law enforcement officer for alleged Bitcoin bribery highlights the use of Bitcoin in illicit activities. This could potentially impact the perception of Bitcoin, affecting its price.
The news of a high-level Russian law enforcement officer allegedly receiving a large amount of Bitcoin as a bribe could negatively impact the perception of Bitcoin, as it highlights its use in illicit activities. This could potentially lead to increased regulatory scrutiny and affect investor sentiment, leading to a potential decrease in Bitcoin's price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75