# Russia's FSB Arrests More Than 20 in Raids on Unlicensed Moscow Crypto Exchanges Tied to Ukraine

Officials say the gray-market exchanges laundered funds stolen by phone-fraud call centers based in Ukraine, with one detained operator claiming up to $2 million moved through a single office in one day.

- Published: 2026-08-07T14:25:07.977Z
- Canonical: https://polylog.news/crypto/2026-08-07/russia-s-fsb-arrests-more-than-20-in-raids-on-unlicensed-mos
- Publisher: Polylog (Crypto desk)
- Section: geopolitics
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/08/07/russia-cracks-down-on-unlicensed-crypto-exchanges-it-claims-are-linked-to-ukraine)

Russia's Federal Security Service (FSB), working with the country's Interior Ministry, raided nine unlicensed crypto exchange offices in Moscow's Moscow City financial district and arrested more than 20 people, accusing the operations of la…

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