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Stolen crypto assets worth a billion rubles were arrested in Russia for the first time

The decision of the St. Petersburg District Court for the first time allowed the investigation to arrest the digital assets of a citizen suspected of theft. The court concerned Ethereum cryptocurrency (“ether”, ETH), placed on 24 wallets. Considering that the very concept of “digital currency” is still missing in the legislation of the country, the court decision called crypto money “other property”. Sources say that the accused managed to break a digital wallet of a citizen who transferred 7,000 “ethers” to it. After the tokens disappeared, the victim of the crime turned to the police with a ...

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