UTC-05:00,Friday , December 04th 2020

Ukraine To Investigate Illegal Cryptocurrency Conversion Center

04:17 Monday , July 13th 2020
According to Ukrinform, Ukraine's SBU Security Service has halted the work of an international Internet network on money laundering through cryptocurrency instruments.
"According to the special service, a group of IDPs from the temporarily occupied territories created a number of online sites between 2017 and 2020. They allowed users from Ukraine, the former CIS countries to convert cryptocurrency with a dubious source of origin into cash and non-cash form. The transactions were carried out without mandatory payments to Ukraine's state budget, without relevant transactions reflected in tax reporting and without identification of clients," the official report reads.
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