Just when things are looking up for Bitcoin and cryptocurrency in Russia, bad news arrives. In the first-ever criminal case in Russia related to the sale of bitcoins, three men have been arrested for generating US$9 million worth of Bitcoin sales over the past few years. Illegal Bitcoin Sales in Russia Although buying and selling Bitcoin in Russia is not illegal, it can still lead to scrutiny by law enforcement officials. Three men were arrested late last week for their involvement in large-scale Bitcoin sales. The men allegedly traded over 500 million Russian rubles worth of Bitcoin, which equals around US$9 million.
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Are you allowed not to have a company if your trading small amounts of bitcoin?
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