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Lina
@liname
Blum co-founder and former Binance CIS executive Vladimir Smerkis has been arrested in Moscow on charges of large-scale fraud. ⚫The arrest reportedly relates to earlier ventures where investors lost at least $15m ⚫Smerkis previously ran The Token Fund and Tokenbox, both of which collapsed after raising $8m and $7m respectively ⚫On May 15, Blum announced his resignation and confirmed he no longer holds any role in the project ⚫The project team stated operations continue as normal and distanced itself from Smerkis’s legal issues
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