Russian authorities arrest nearly 100 in raids tied to cybercriminal money laundering

Russian authorities announced arrests of 96 individuals connected to the UAPS payment system and Cryptex cryptocurrency exchange in an investigation into cybercrime-related money laundering; authorities say the scheme handled roughly 112 billion rubles in 2023 and netted operators about 3.7 billion rubles. The report includes law-enforcement video of raids and notes the operation followed U.S. indictments and sanctions tied to UAPS and Cryptex, with U.S. authorities having seized related domains.