RATE Group | Russian Police Seize 22 Cryptocurrency ATMs Under Central Bank Request
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Russian Police Seize 22 Cryptocurrency ATMs Under Central Bank Request

03 Sep Russian Police Seize 22 Cryptocurrency ATMs Under Central Bank Request

Posted at 16:03h in Cryptocurrency News by

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Russia police

Russian police have recently seized cryptocurrency ATM machines under orders from the country’s central bank.

According to local publication RBC, the ATM developer impacted by the seizure plans to appeal the action, and has incurred economic damage and costs to its reputation, said Sarkis Darbinian, an attorney for the Center of Digital Rights, which defends the company.

Artem Bedarev, head of BBFpro, told RBC the company does not understand the action and did not receive any preliminary inquiries from the prosecutor.

Bedarev said one of the employees conducting the seizure said an investigation will take place for six months. The employee also said the Prosecutor General’s Office took the action based on a letter from the Bank of Russia.

22 Terminals

The company operated 22 terminals in stores, bars and shopping centers in nine cities. An official from Snegir, a shopping center where a unit was installed, confirmed the seizure on Aug. 29.

A Central Bank representative…

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