❗️Vladimir Smerkis, co-founder of the crypto game Blum, has been arrested in Moscow.

The Zamoskvoretsky Court of Moscow has sanctioned the arrest of Vladimir Smerkis, the former head of the Binance exchange for the CIS and co-founder of the crypto game Blum, in a criminal case regarding large-scale fraud.

The Telegram channel Mash reports that the arrest is related to earlier ventures of the entrepreneur, in which investors lost at least $15m.