Cryptomats were seized from a Russian

Cryptomats were seized from a Russian company at the request of the Prosecutor General’s Office

BBFpro, which owned 22 ATMs in nine Russian cities, complained that all of its equipment had been seized by police officers. About writes this RBC with reference to the lawyer of the Center for Digital Rights Sarkis Darbinyan, who represents the interests of the company.

Cryptomats were seized from a Russian company at the request of the Prosecutor General's Office BBFpro, which owned 22 cryptomats in nine Russian cities, complained that all of its equipment had been seized by police officers. RBC writes about this with reference to the lawyer of the Center for Digital Rights Sarkis Darbinyan, who represents the interests of the company.

According to the head of BBFpro, Artem Bedarev, his company did not receive any notifications from the prosecutor’s office. “It is verbally reported that the inspection will be carried out for at least six months and the equipment will not be returned until its completion,” Bedarev said, adding that one of the police officers who carried out the seizure said that the inspection was being carried out on behalf of the Prosecutor General’s Office on the basis of a letter from the Central Bank.

Bedarev explained that the security forces want to understand the principles of operation of the terminals, including how the exchange rate is determined and personal data is processed, as well as “whether the operators are taking actions to combat money laundering and terrorism financing”.

Cryptomats were seized from a Russian company at the request of the Prosecutor General's Office BBFpro, which owned 22 cryptomats in nine Russian cities, complained that all of its equipment had been seized by police officers. RBC writes about this with reference to the lawyer of the Center for Digital Rights Sarkis Darbinyan, who represents the interests of the company.

Darbinyan said that he sees no reason for such actions on the part of the police and the prosecutor’s office, since there is no ban on the acquisition of cryptocurrencies in Russian legislation, and BBFpro operates in the legal field, pays taxes and even identifies customers, although it is not obliged to do so..

BBFpro terminals allow you to purchase cryptocurrency worth up to 15,000 rubles, while the number of transactions for one user is not limited. They determine the bitcoin rate in accordance with the market of the EXMO exchange and, in addition to the standard transaction processing fee, they charge a commission of 6%. The company intended to implement the possibility of selling cryptocurrency through its terminals, but now this issue has been postponed indefinitely.

According to Darbinian, BBFpro intends to appeal against the actions of law enforcement officers, which entail “both reputational costs and direct economic damage.” At the same time, the operator of the RusBit crypto ATM network, Malavita Corporation, reports that it does not currently have such problems..