Moldova's Anticorruption Center Alleges $107M Crypto Scheme to Influence Elections

In brief

• Moldova’s National Anticorruption Center has identified an election-influence scheme that saw some $107 million used to promote candidates and bribe voters.
• The “complex transaction scheme” could be traced back to two centralized crypto platforms in Russia and Kyrgyzstan, the CNA said.
• Blockchain analysis firm TRM Labs identified Kyrgyzstani crypto exchange TokenSpot as being connected to a “larger Russian sanctions evasion ecosystem.”