EX-BINANCE EXEC & BLUM CO-FOUNDER ARRESTED IN MOSCOW
Vladimir Smerkis, former head of Binance’s CIS division and co-founder of tap-to-earn game Blum, has been arrested in Moscow on suspicion of large-scale fraud.
The Zamoskvoretsky District Court ordered his detention, though specific details of the case remain undisclosed.
Blum, now distancing itself, told its 5.3M followers that Smerkis is no longer involved in the project in any capacity.
Source: TASS
