Bank of Russia blacklists 2,600 crypto wallets linked to suspected scams

The Bank of Russia has added 2,600 crypto wallets linked to suspected illegal financial activity to a system used by banks and law enforcement after more than 1 billion rubles flowed into the addresses during the first half of 2026. Summary Bank of Russia flagged 2,600 crypto wallets linked to suspected illegal financial activity after about 1 billion rubles in crypto flowed into the addresses. The wallets were added to a system used by banks and law enforcement agencies for client risk assessments and financial investigations. More than 74% of identified pyramid schemes used cryptocurrencies to attract funds, with scams promoting crypto investments, mining and fake data centers. F6 separately identified fake Kanye West ticket websites seeking crypto payments from Russian users. The Bank of Russia said the wallets belonged to companies, projects, individual entrepreneurs and other entities showing signs of illegal activity in the financial market. Banks and law enforcement agencies use the information system for digital compliance, client risk assessments and financial investigations. During the same six-month period, the regulator identified 2,891 entities with signs of illegal fi...