#NewsAboutCrypto 🚨BREAKING:

Blum Co-Founder ARRESTED in Russia on Fraud Charges!

After weeks of tapping like maniacs in their viral Telegram app… this is the twist no one saw coming.

Vladimir Smerkis — the high-profile co-founder and once the public face of $BLUM — has reportedly been arrested in Russia on charges related to fraud. The crypto world is buzzing, and holders are asking the same question:

What does this mean for Blum?

The official Blum channels have responded quickly, distancing themselves from Smerkis and confirming that he is “no longer affiliated with the project.” But the timing of this news has shaken confidence across the community.

Let’s be real — Blum built massive hype with its gamified Telegram mini-app, onboarding millions of users and making major waves during the tap-to-earn craze. But now, with one of its co-founders under investigation, the project’s credibility is under the microscope.

So… is $BLUM still legit, or were we all just exit liquidity?

Here’s what we know:

• The token is still trading, but market sentiment is turning cautious

• Team insists development continues, with no impact from Smerkis’s arrest

• No official charges have been publicly released in detail yet

This could either be a temporary PR nightmare — or the start of something far worse.

BOTTOM LINE:

Don’t jump to conclusions, but stay sharp. Monitor official channels and watch for signs of real progress (or the lack of it). The next few days will be crucial in determining if Blum can survive this blow — or if this was all just smoke and mirrors.

We’ll keep watching. Stay tuned.