RATE Group | Hunting the missing millions from collapsed cryptocurrency
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Hunting the missing millions from collapsed cryptocurrency

Hunting the missing millions from collapsed cryptocurrency

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Tatiana Ospennikova

A Russian computer programmer involved in the collapse of a big cryptocurrency exchange says he was tricked into handing over its entire assets to fraudsters posing as FSB agents, according to documents obtained by BBC Russian.

Alexei Bilyuchenko was a key player in Wex, which stopped trading in 2018, leaving customers unable to access investments totalling nearly half a billion US dollars.

BBC Russian has spent months investigating the murky world of Russian cryptocurrency trading, trying to find out what happened to the money.

It’s a story worthy of the BBC TV drama McMafia, involving an unlikely cast of characters from computer geeks and FBI agents, to a billionaire oligarch with ties to the war in Ukraine.

How…

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