Bank of Russia опубликовал a 2024 report that stated that 77% of pyramid schemes in the country accepted cryptocurrency contributions, up from just 2023% in 50.
According to the document, in 2024, the regulator identified 5510 entities with signs of a financial pyramid, the organizers of which published pseudo-investment offers allegedly with a guaranteed income.
At least 20% of projects with signs of financial pyramids had more than two websites. To attract victims, the organizers also use channels in the messenger Telegram.
In addition, last year the Central Bank of Russia was able to track 1936 entities with signs of illegal professional participants in the securities market, which is 2,2 times more than the year before.
According to the regulator, illegal forex dealers offer clients to top up their accounts in cryptocurrencies and buy shares. To do this, they recommend supposedly verified sellers of digital assets or guarantee the possibility of making payments through foreign payment services, the Bank of Russia noted.
The fraudsters, again indicated by the Bank of Russia, use the legend about the company having licenses and guarantee a profitable purchase of securities and offer trading with huge leverage.
