On November 13th, a total of 750 bitcoins were withdrawn from Finiko’s wallet, a Russian encrypted Ponzi scheme, with a total value of approximately $48 million.
YouTube blogger Andrey Alistarov disclosed the news of the transfer. He revealed that since the beginning of November, the transfer has carried out a total of three separate transactions, each containing 250 bitcoins.
Data display of the blockchain analysis platform Crystal Blockchain. These bitcoins were initially transferred to a single address and then sent to another wallet on Huobi. The published detailed information is displayed. These encrypted funds are then divided into smaller amounts and transferred to other addresses.
Alistarov claimed that these transactions were ordered by three senior Finiko members who are still at large. Founder Kirill Doronin’s assistants Zygmunt Zygmuntovich, Marat Sabirov and Edward Sabirov. It managed to leave the Russian Federation when the crypto investment program collapsed this summer, avoiding detention.
In September, the Tatarstan High Court confirmed an international arrest warrant for the three. Alistarov commented that the three co-founders of Finiko deliberately transferred money through multiple transactions. “It is not clear why these addresses have not been locked up to now, because they have long been flagged as scams.
But one thing is clear-the defrauded funds are currently being cashed out. “It is reported that the Russian authorities are currently trying to find out all the facts related to Finiko.