The Zamoskvoretsky Courtroom of Moscow initiated the arrest of a former Binance government and co-founder of the Blum tap-to-earn app, Vladimir Smerkis, on fraud expenses.
In accordance to Russian information web site TASS, citing legislation enforcement businesses, the Zamoskvoretsky District Courtroom granted an investigator’s request to detain Smerkis for alleged fraud. Particulars concerning the costs stay unclear.
The company’s interlocutor cited Article 159 of the Felony Code of the Russian Federation.
Information of the arrest comes someday after Blum posted on social media that Smerkis has stepped down from his function as CMO.
Smerkis “is not concerned within the improvement of the mission or in any co-founder capability,” the corporate said on X.
In a separate publish, Blum thanked Smerkis “for his contribution to the mission,” including that day-to-day operations will proceed as standard.
What’s Blum?
Blum is a Telegram-based tap-to-earn (T2E) crypto mini-app that mixes gamified incomes with a hybrid decentralized change (DEX) platform.
Launched by a staff together with former Binance executives, Blum aims to make crypto accessible and interesting for each newcomers and seasoned merchants.
Smerkis was beforehand answerable for the Binance CIS phase.
