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Posted: 2025-05-18 15:51:31 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 15:53:18 UTC
Verified By
Rollup News
The co-founder of crypto game Blum, Vladimir Smerkis, has been arrested in Moscow on large-scale fraud charges. His arrest may be connected to previous projects where clients lost at least $15 million. Smerkis launched The Token Fund in 2017, raising $8 million, but it shut down in 2018 without investors getting their money back. His next project, Tokenbox, raised $7 million but quickly lost value.
Arrest of Blum co-founder Vladimir Smerkis on fraud charges
Potential connection to previous projects with $15 million in client losses
Failure of The Token Fund and Tokenbox projects
Arrest of Blum co-founder Vladimir Smerkis on fraud charges
Arrest of Blum co-founder Vladimir Smerkis on fraud charges
Potential connection to previous projects with significant investor losses
Potential connection to previous projects with significant investor losses
Past ventures like The Token Fund and Tokenbox faced financial difficulties
Past ventures like The Token Fund and Tokenbox faced financial difficulties
Arrest of Blum co-founder Vladimir Smerkis on fraud charges
Potential connection to previous projects with $15 million in client losses
Failure of The Token Fund and Tokenbox projects
Arrest of Blum co-founder Vladimir Smerkis on fraud charges
Potential connection to previous projects with $15 million in client losses
Failure of The Token Fund and Tokenbox projects
Large-scale fraud charges against Vladimir Smerkis
Loss of $15 million in client investments from previous projects
Failure and shutdown of The Token Fund and Tokenbox
Large-scale fraud charges against Vladimir Smerkis
Large-scale fraud charges against Vladimir Smerkis
Investor losses in previous projects led by Smerkis
Investor losses in previous projects led by Smerkis
Financial instability and failure of past ventures like The Token Fund and Tokenbox
Financial instability and failure of past ventures like The Token Fund and Tokenbox
Large-scale fraud charges against Vladimir Smerkis
Loss of $15 million in client investments from previous projects
Failure and shutdown of The Token Fund and Tokenbox
Large-scale fraud charges against Vladimir Smerkis
Loss of $15 million in client investments from previous projects
Failure and shutdown of The Token Fund and Tokenbox