RTM Group: The number of trials associated with cryptocurrencies in the Russian Federation increased by 15% – Bits Media

According to the Consulting Company RTM Group, for 2022 year the number of court cases, associated with cryptocurrencies, It has grown in Russia before 1758, almost at 15%.

RTM Group analysts claim, what in 2021 year the number of court decisions, related to digital assets, was equals 1531. Expected, what to the end 2023 the number of such trials will grow to 2000 Due to the growth of interest in cryptocurrencies and the appearance of more cunning fraudulent schemes.

The authors of the report claim: Most often, violations are considered in the courts, Binance and Garatex cryptocurrencies associated with the turnover of cryptocurrency exchanges in the cryptocurrency exchanges, and also through the Coinomi wallet application.

Many court decisions concerned bankruptcy. IN 2021 The year was carried out 141 Judicial act, And last year this figure increased six times - before 897 acts. RTM Group experts specified: cryptocurrencies are included in the property, belonging to the debtor during the bankruptcy procedure. Possession of mining equipment indicates the presence of cryptocurrencies by the debtor. Quite often in the courts the cases were considered, associated with excessive electricity consumption in cryptocurrency mining, As a result, the defendants were imposed on large fines for tens of millions of rubles.

“Cryptocurrencies in Russia are not sufficiently regulated, Therefore, their use implies certain risks. For safe transactions, you need to check counterparties and trading platforms, Choosing only certified platforms and services ", - explains the manager of RTM Group Evgeny Tsarev.

The top manager added, that many victim crypto users cannot protect their rights in court, since the court will not consider the case, If the plaintiff does not notify state bodies in advance of the fact of ownership.

Last week, the Federal Tax Service of the Russian Federation demanded that the Russians report on cryptocurrency operations for 2021-2022 year.