The Ministry of Internal Affairs of Uzbekistan detained a 17-year-old resident of Bukhara who provided cryptocurrency exchange services on Telegram. This was reported by the press service of the department.

According to the investigation, over the course of seven months, the teenager carried out over 4,000 transactions on the Binance exchange for a total of 34 billion soums ($2.6 million). For his mediation, he charged clients a commission.$USUAL $MOVE $XVG

Law enforcement officers established that most of the transferred funds came from pension, salary and credit cards. In this regard, the version is being checked that the defendant laundered money obtained fraudulently.

The investigation is ongoing.

Recall that since January 2024, Uzbekistan has introduced fines and prison terms for illegal cryptocurrency transactions. The country also has mandatory registration for cryptocurrency service providers, and unlicensed trading platforms are blocked.#2024withBinance