INSUBCONTINENT EXCLUSIVE:
Russian law enforcement agencies have opened a criminal case against the creators of the Universal Anonymous Payment System (UAPS) and the
cryptocurrency exchange Cryptex.UAPS and other anonymous payment systems are believed to provide money transfer and laundering services
directly to cybercriminals, while Cryptex gives its users anonymity by allowing them to register without providing personal details needed
to meet know-your-customer compliance requirements.The defendants were charged with the organization of and participation in a criminal
association, illegal access to computer information, unlawful circulation of a means of payment and illegal banking activities, the
income of 3.7 billion rubles ($38.9 million) to the defendants.Authorities have carried out 148 searches in 14 regions of Russia and
detained 96 people as part of the case, the Investigative Committee said.Footage of the raids published by law enforcement shows bundles of
cash, a helicopter, a Cybertruck, another Tesla car and a Mercedes.Last week, the U.S
pocketed millions of dollars from prolific money laundering and fueled a network of cybercriminals around the world, with Ivanov allegedly
Attorney General Lisa Monaco said.
