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The Russian "Bitcoin Mom" was sentenced to seven years for a $230 million Bitcoin fraud case.
PANews June 27 news, according to Decrypt, a cryptocurrency expert in Russia who calls herself "Bitcoin Mom" was sentenced to seven years in prison by a Moscow court for orchestrating a $230 million Bitcoin scam. The prosecution stated that she deceived clients into transferring funds to Dubai under the pretext of avoiding Western sanctions, ultimately transferring the funds into a Wallet under her control. This case has become one of the largest cryptocurrency scams in Russia in recent years.