Russian police have arrested a man who tried to rob a cryptocurrency exchange with fake grenades, as Russia faces rising crypto-related crimes and asset theft.
Summary
- A suspect tried to rob a Russian crypto exchange using smoke and airsoft grenades to threaten employees.
- Law enforcement has noted an increase in the number of criminal cases related to cryptocurrency ownership in Russia.
- The investigation is still ongoing and the suspect is charged with attempted robbery and threatening.
According to reports, Russian authorities have arrested a man who tried to rob a cryptocurrency exchange using smoke and airsoft grenades to threaten staff members.
The suspect allegedly used the fake explosives in an attempt to intimidate employees at the fair, law enforcement officials said. Details about the specific location of the incident and the identity of the inmate were not immediately available revealed.
Russian crypto crime is on the rise
The incident comes as the number of criminal cases against cryptocurrency holdings and their owners in Russia has increased, security analysts said. Such crimes include kidnappings and murders linked to theft of digital assets, reports show.
Russian law enforcement agencies have documented an increase in crypto-related criminal activity as the value and adoption of digital currencies have increased in recent years, government data shows.
The detained suspect is facing possible charges related to attempted robbery and menacing, although no formal charges had been announced at the time of reporting. The investigation remains ongoing, authorities said.

