Cryptobusinessman Arut Nazaryan, convicted in the UAE for operating an unlicensed cryptocurrency exchange, remains in the country until he pays a fine of nearly 4 billion rubles.

Cryptobusinessman Arut Nazaryan, convicted in the UAE for operating an unlicensed cryptocurrency exchange, remains in the country until he pays a fine of nearly 4 billion rubles.

@bazabazon 08 Jun 2026, 12:48

Arut Nazaryan, a cryptocurrency businessman, sentenced to two years and fined 200 million dirhams for operating an unlicensed crypto exchange, has been in prison for nearly six months, and UAE authorities are demanding nearly 4 billion rubles from him.

@bazabazon 08 Jun 2026, 11:27