Russian ‘Crypto Queen’ Suspected of Sending Coins to Ukraine

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Tim Alper

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Tim Alper

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Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

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October 23, 2023 04:21 EDT

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Russian police think that a “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” may have sent tokens to support Ukraine’s military.

Valeria “Bitmama” Fedyakina was detained by police in September after an “acquaintance” accused her of fraud.

She remains in custody, and a news network released an image, apparently showing her in a pre-trial detention center.

Per the Telegram-based news channel SHOT and News.ru, the social media influencer, who is seven months pregnant, had asked a court to transfer her to house arrest.

But she was refused this request.

Officers consider her a flight risk, as she holds a UAE residence permit.

A branch of the Moscow City Court ruled that she could remain in custody until November 15.

The unnamed “acquaintance” told police Fedyakina tricked him into handing over some $70 million.

But officers reportedly think Fedyakina, a 28-year-old originally from Ukraine, embezzled this money.