Russia does not respond to request for help to freeze cryptocurrencies that have been deducted from Wex Wallet - News
Russia does not respond to request for help to freeze cryptocurrencies that have been deducted from Wex Wallet - News
The Russian Ministry of the Interior has rejected an application from WEX customers to contribute its part to the closure of crypto -strikers, which were removed from a wallet that is controlled by the now no longer existing crypto exchange. Over 10,000 ETH were recently deducted from the wallet and transferred to other platforms.
Wex victims try to freeze $ 46 million of cryptocurrency that has been lost to the bankruptcy rotting Russian stock exchange
The investigative department of the Russian Interior Ministry (MVD) refused to react at a request from victims of the crypto exchange WEX in order to take steps to confiscate digital assets worth $ 45.9 million, which were deducted from one of their containers in September. Details were divided from the CEO of the CEO of the Sergey Mendeleev, which cited an official document.
The former WEX users have provided the MVD a detailed scheme, as the funds were transferred from the wallet to other crypto platforms, forlog reported . They also transmitted data from an analysis tool to prove that the coins were stolen, and informed the authorities that they had contacted Binance, where part of the amount, 97.8 ETH was sent. The crypto exchange frozen these assets for a period of seven working days.
The current procedures for Binance enable the company's security department to temporarily freeze funds after they have received convincing evidence of theft. Then the party, which has applied for the measure, must contact the responsible law enforcement authorities and send a police report back to the crypto trading platform. Binance would then work with investigators to clarify the case.
The Wex customers turned to the Russian Ministry of the Interior and demanded the confiscation of the stolen funds. According to an official response from the department of October 25, the circumstances specified by the victims must continue to be examined before the authorities can take measures. The MVD considers a decision on the confiscation of the assets in the context of the investigation and based on the information available.
KryptoBörse Wex is the successor the notorious BTC-E , once Russia's largest crrypto trading platform that went offline four years ago. Reports were published in September of this year, according to which the former managing director of Wex, Dmitry Vasiliev, arrested in Warsaw. They were later confirmed by the Polish authorities, which also announced that they were submitted by Kazakhstan Check delivery request in which he is accused of fraud.
WEX was launched in autumn 2017 and reported on a daily turnover of $ 80 million before suddenly stopping the payments in summer 2018 and finally going bankrupt. According to estimates of a user group cited by Forklog, the total losses exceed $ 400 million and Vasiliev is suspected of embezzling $ 200 million.
The crypto news agency reported that 100 ETH was taken from a wex-wallet in mid-September. This has been the first movement of these funds in the past three years, according to the publication. The remaining credit in the wallet, 9.916 ETH at that time were also placed to a new address a few days later.
Do you believe that WEX customers will convince the Russian authorities to take measures to freeze and confiscate the funds deducted from the stock exchange? Tell us in the comment area below.
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