24-year-old Valeria Fedyakina, known as the "Crypto Queen," defrauded investors of over $22 million, directing part of the funds to the Ukrainian army. Posing as a cryptocurrency expert, she convinced victims to transfer money to Dubai accounts to bypass banking restrictions, promising quick returns that were never realized.
The investigation revealed that Fedyakina used the money at her discretion and also provided illegal services related to currency conversion and international cryptocurrency transfers. She was arrested while attempting to fly to the UAE and is awaiting trial, facing up to 10 years in prison.
