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Posted: 2025-05-18 08:02:32 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-18 08:02:43 UTC
Verified By
Rollup News
Vladimir Smerkis, co-founder of Blum and ex-Binance CIS executive, has been detained in Moscow due to alleged fraud of $15M related to his previous projects, Token Fund and Tokenbox. Blum has stated that Smerkis is no longer involved with the company.
Detention of Vladimir Smerkis
Alleged $15M fraud
Blum's distancing from the issue
Legal charges against Vladimir Smerkis
Potential impact on Blum's reputation
Investor losses from Token Fund and Tokenbox