Russian ‘Crypto Queen’ suspected of sending coins to Ukraine | Taza Khabre

Source: bitmama888/Instagram

Russian police think a “crypto influencer” known as Bitmama, also known as the “Queen of Cryptography,” may have sent tokens to support the Ukrainian military.

Valeria “Bitmama” Fedyakina was arrested by police in September after an “acquaintance” accused her of fraud.

She remains in custody, and a news network released an image that appears to show her in a pretrial detention center.

A photo from a news story that supposedly shows Valeria
A photo from a news story purportedly showing Valeria “Bitmama” Fedyakina in a pretrial detention center, published by the SHOT News Network. (Source: SHOT/Telegram/Screenshot)

According to the Telegram-based news channel TIRE i News.ruthe social media influencer, who is seven months pregnant, had asked a court to place her under house arrest.

But this request was denied.

Officers consider her a flight risk as she has a UAE residence permit.

A branch of the Moscow City Court ruled that he could remain in custody until November 15.

The unnamed “acquaintance” told police that Fedyakina tricked him into handing over about $70 million.

But agents believe Fedyakina, a 28-year-old originally from Ukraine, embezzled that money.

And they are said to believe that Fedyakina transferred “part” of the money she received to the Armed Forces of Ukraine.

Agents also believe Fedyakina received about $7.7 million from two other people before “dropping off the radar.”

The three people said they wanted to use the money to invest in real estate in the UAE.

Russian lawyers for ‘Crypto Queen’ say she ‘doesn’t support Ukraine’

Fedyakina positioned himself as a sanctions-busting mastermind who could use crypto to transfer money abroad unhindered by banking restrictions.

She celebrated several media articles dubbing her the “Queen of Crypto” and the “Queen of Crypto Exchange”.

Investors said “Bitmama” told them it would return their stakes, plus a 1% profit if they gave them their money.

The media quoted Fedyakina’s legal team as claiming that she actually “supported” Russia’s “special military operation” in Ukraine.

The team added that Fedyakina is indeed “ready to donate funds to the (Russian) military.”

Lawyers say Fedyakina will be separated from her son after giving birth if she is not released.

The legal team claimed their client was being framed, claiming she “withdrew money on behalf of her clients” but was never paid back.

Russian law enforcement agencies have targeted suspected crypto donors in Ukraine, and the criminals are being severely punished.

In June, a citizen of the Far Eastern territory of Khabarovsk Krai was arrested by the FSB, Russia’s intelligence service, and charged with treason after sending coins to the Ukrainian military.

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