Blum Update 🚀

🚨 Blum’s cofounder has been arrested in Russia.

Blum Big Scam Exposed 😳🤯

$Blum Co-Founder Detained Over Suspected $15M Fraud

Vladimir Smerkis — ex-Binance CIS exec and co-founder of tap-to-earn app Blum — has been arrested  in Moscow and placed in detention as a preventive measure.

The charges may be tied to earlier projects, Token Fund and Tokenbox, where investors allegedly lost over $15M. Blum quickly distanced itself, saying  Smerkis is no longer involved.