Blum Crypto Airdrop in Limbo Following Co-Founder Arrest

Russian authorities have arrested Vladimir Smerkis, co-founder of Telegram-based crypto project Blum, on suspicion of large-scale fraud, according to local media outlet TASS. The Zamoskvoretsky District Court of Moscow approved the request to keep Smerkis in custody while investigations proceed. The arrest reportedly relates to Smerkis’s past ventures—The Token Fund and Tokenbox—which he co-founded in […]

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