23.5 Billion Hryvnias and Cryptocurrency: The Bureau of Economic Security Has Exposed a Criminal Organization

• The Prosecutor General’s Office and the Bureau of Economic Security reported that they had uncovered a criminal organization through which about 500 million hryvnias flowed each month.
• The total volume of financial transactions amounted to 23.5 billion hryvnias, and the potential tax evasion — about 3 billion hryvnias.
• During 50 searches, law enforcement seized significant amounts of cash and served scheme participants with notices of suspicion.

Detectives from the Bureau of Economic Security of Ukraine (BEB), under the procedural supervision of prosecutors from the Prosecutor General’s Office (PGO), uncovered a large-scale “conversion center.” According to the investigation, about 500 million hryvnias passed through its shadow schemes each month.

The total volume of financial transactions, according to preliminary law enforcement data, amounted to 23.5 billion hryvnias. The funds were siphoned off, in particular, through cryptocurrency transactions. The preliminarily established amount of tax evasion is about 3 billion hryvnias.

As part of the criminal proceedings, law enforcement carried out 50 searches. During the investigative actions, millions in cash were seized.

The PGO and the BEB have not yet disclosed additional details about how the scheme worked. Law enforcement said they would provide more information later.

At the same time, under Article 62 of the Constitution of Ukraine, a person is presumed innocent of committing a crime and cannot be subjected to criminal punishment until their guilt is proven in accordance with the law and established by a court’s guilty verdict.

As a reminder, in August 2026, the Cyberpolice exposed the pseudo-crypto exchange Money 24/7.

Сообщение 23.5 Billion Hryvnias and Cryptocurrency: The Bureau of Economic Security Has Exposed a Criminal Organization появились сначала на INCRYPTED.