Blogger Bitmama was arrested in a new criminal case

The Zamoskvoretsky District Court of Moscow has arrested crypto blogger Valeria Fedyakina (Bitmama) in a new criminal case on illegal banking activities. This was reported to Izvestia on May 27 by a source familiar with the case file.

Fedyakina was charged under clauses "a" and "b" of Part 2 of Article 172 of the Criminal Code of the Russian Federation. We are talking about illegal banking activities committed by an organized group and associated with the extraction of income on a particularly large scale.

According to this article, Bitmama may face imprisonment for up to seven years, as well as a fine of up to 1 million rubles.

The case of the "crypto guru" Bitmama. How a blogger embezzled billions of rubles

In June last year, a court sentenced blogger Bitmama to seven years in a penal colony for large-scale fraud in the field of cryptocurrencies. The girl was found guilty of embezzling more than 2.2 billion rubles from clients, the court decided to recover this amount in favor of the victims. Later it was established that the damage amounted to at least 3.8 billion rubles.

According to the investigation, Fedyakina organized a pyramid scheme. The blogger was withdrawing funds abroad, bypassing currency controls. She herself has lived in two countries in recent years — in Russia and the United Arab Emirates (UAE). Fedyakina was arrested in September 2023. A statement against Bitmama was written by one of her investors, who gave her 6.7 billion rubles in cash, and he was recognized as a victim.