Russian Central Bank official: Fraudsters ‘very rarely’ use crypto to withdraw stolen funds

Cryptocurrencies are not frequently used by scammers in Russia to withdraw stolen funds, according to an official from the country’s central bank.

Artem Sychev, deputy director of the information security department at the Central Bank of Russia, told government news-agency TASS that “very rarely” are cryptocurrencies used to withdraw funds by fraudsters.

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