Following Russia’s exploration of a ban on cash-based cryptocurrency transactions, local crypto exchanges have faced police raids. The Moscow International Business Center was the target of one such raid, affecting crypto exchanger Mosca. On April 23, authorities conducted searches related to alleged fraud by one of Mosca’s customers, Dmitry Titarenko, its development head confirmed. This followed online reports linking several arrests of Mosca clients with a large-scale crypto robbery where a victim reportedly paid millions of dollars in cash to fraudsters. The raids on businesses like Mosca are seen as a potential measure against fraudster activity and phone scammers who are commonly using the services.