Security Firms Offer Protection for Crypto Traders
Security Firms Offer Security for Crypto Traders in Moscow
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Rates Starting at Only $15 a Hour
Kurovskaya added that the company functions with crypto investors who defrauded or have been robbed by offenders. Quite simply, government law enforcement agencies don’t understand how to investigate such crimes, because there’s no legislation regulating the sector that is crypto yet.
Recently, police in Moscow arrested members of an organized criminal group from Dagestan, who have carried out strikes on crypto investors, that the internet socket Life documented. In December, an attack on a 20-year-old pupil owning cryptocurrency values tens of thousands of rubles became a media sensation. The young guy was kidnaped in a subway station. Threatening him with a knife, the attackers took him into his residence where they requested about 100 million rubles ($1.6 million) in cryptocurrency.
Also see: Chinese Merchants in Moscow Convert Most of Their Cash to Crypto
The criminal statistics from Russia are filled with circumstances. The majority of these crimes are committed during crypto-fiat exchange prices on the street. Because trading platforms require hefty commissions Russians are tempted from these direct earnings. They involve crypto moves and cash payments.
In February, the founder of this Prizma coin has been contested in Moscow. His attackers took 300 bitcoins from him, along with a notebook, $ 20,000, and three cellular phones. Russian police, however, didn’t incorporate the cryptos from the listing of the stolen things.
Several security companies in the capital are now offering individuals protection solutions. Deals take place directly on the street and involve crypto transactions through cash transfers and hard or mobile pockets. Means of a crypto consumer falling prey often loses fiat and virtual funds.
Bitcoin Worth Millions Snatched By Crypto Crooks
“The cost of these services depends on the sum of the transaction — we are charging a percentage. In addition, we offer services abroad, as cryptocurrency is an international phenomenon,” said Natalia Kurovskaya, proprietor of one of those Moscow-based security companies.
In daytime he tried to seal a bargain with a “buyer” who took his hard wallet and hauled off without paying any cash for those cryptos. A week before that, a resident of Nizhny Novgorod lost 800,000 rubles in cryptocurrency ($13,000) under pretty much the same conditions. As long ago, a citizen in Volgograd was assaulted by crypto crooks.
Personal security companies in Moscow are offering a new service — protection for people buying and selling cryptocurrency for cash. The companies also have expressed willingness to assist investigate crimes that were crypto-related. Police are reluctant as cryptocurrencies are not yet regulated in Russia, to work on circumstances.
Media in the past couple of months has reported A rising number of cases of cryptocurrency-related fraud and theft. Their colleagues from the private sector have expressed willingness to assist with the investigations while police continue to be reluctant as cryptocurrencies are not yet regulated in Russia to work on these instances.
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The increasing amount of frauds and thefts linked to offline crypto prices has made a need for a type of security escort service. Firms in Moscow are already offering it into crypto buyers and sellers. Rates start at just 1,000 rubles roughly $ 15 USD, each hour, however, costs go up if the customer would like to lease a business car or hire more guards.
Do you think private companies can do a better job investigating crypto-related crimes than police? Tell us in the comments section below.
Legislation imposes restrictions on guard solutions that are private, and the companies prefer to sign contracts for land protection. A bag with cash and a wallet with cryptocurrency fall within this category.
Released at Thu, 26 Apr 2018 03:30:09 +0000