Finiko Archive

Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals

Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid

Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils

Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in

Law Enforcement in Russia’s Samara Region Investigates 8 Cases of Fraud Related to Finiko

The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials

Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man

A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s

Bank of Russia Lists Crypto Companies Among Financial Pyramids

The Central Bank of Russia has recently expanded its database of financial market players

US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for

Russian Court Confirms Arrest Warrants for 3 Finiko Founders

Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of

Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto Pyramid

Law enforcement in the Russian republic of Tatarstan have made new arrests in connection

Top Finiko Crypto Pyramid Executive Arrested in Russia’s Tatarstan

A high-ranking representative of Russia’s notorious Finiko Ponzi scheme has been arrested in Tatarstan.

Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals

Of all funds sent to illicit cryptocurrency addresses from Eastern Europe, scams attract the