Pyramid schemes in Russia increasingly rely on crypto, with 80% of scams operating online and two-thirds using crypto wallets ...

Russians sent crypto to 4,600 fraudster-held crypto wallets in 2025. Most pyramid scheme operators now use crypto, Moscow says. Central bank vows to step up fight against crypto fraud.

An overwhelming majority of financial pyramid schemes operating in Russia target investors’ crypto funds, according to new data released by the country’s central bank. The Russian monetary authority ...

Claims that two pyramid structures on Russia’s Kola Peninsula predate Egypt are traced through their sources, named researchers, and the images used as proof. The investigation finds that key ...