The Central Bank has published a list of 1,820 organizations that have identified signs of illegal activity. There are also representatives of the cryptoindustry in it.
The Bank of Russia has presented a black list , which includes 1,820 organizations with signs of illegal activity. The regulator also listed several crypto companies that have signs of a “pyramid scheme”. For example, a clone of the CoinDesk website of the American cryptocurrency publication fell under the description.
Crypto-Max, Crypto Inc, Crypto Invest, Exchange Coindesk and Secretcryptodeals have signs of a "financial pyramid", the regulator points out. Also on February 1, 2021, the Central Bank revealed the illegal activities of Cryptobase Inc, Cryptobull, Cryptohands, CryptoKS, Crypton Broker, Cryptonode and Cryptoon companies.
The Central Bank warned that the legislation does not provide for payments by the Bank of Russia to victims of the activities of illegal market participants. Also, the regulator cannot directly intervene in civil relations between persons who illegally provide financial services and their clients.
To suppress illegal financial activities, the Bank of Russia is taking measures to block the websites of such companies. Also, the Central Bank interacts with law enforcement and other authorized bodies, foreign regulators.
The black list was formed on the basis of data from the Bank of Russia from January 1, 2020. The date the information was uploaded to the site is displayed next to the company name. On June 1, 412 organizations were added to the list.