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Sep 3, 2026

Ukraine shuts down Kyiv crypto scam network moving up to $1 million monthly

Ukraine's National Police and Security Service announced they dismantled a network of fake investment platforms operating from Kyiv that defrauded at least 62 victims across more than 20 countries, moving up to $1 million per month through crypto draining schemes.

Sep 3, 2026·1 source
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Top claims

  • ▪The organizer of the Kyiv crypto scam network, a 25-year-old IT specialist who moved with armed guards, recruited over 46 Ukrainians to run offices in Kyiv and the surrounding region.
  • ▪Ukrainian authorities are proceeding with the Kyiv crypto scam case under Part 5 of Article 190 of Ukraine's criminal code.
  • ▪Ukraine's National Police and Security Service announced on September 1, 2026, the shutdown of a network of fake crypto investment platforms run from Kyiv.

Subtopics

Crypto securityCrypto enforcement actionsCrypto regulation

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