Russian Authorities Arrest Former Binance Executive
- Vladimir Smerkis, ex-Binance executive in CIS countries and Blum co-founder, was arrested for suspected crypto fraud.
- Blum has announced Smerkis’s departure as CMO and stated he is no longer involved with the project.
- The Tap-to-Earn market, where users earn tokens through app interactions, is valued at approximately $537 million.
Vladimir Smerkis’s arrest for alleged crypto-related fraud has led Blum to distance itself from him. The Tap-to-Earn sector, associated with Blum, continues to thrive with a market valuation of around $537 million.
Source (2.6)https://hodl.press/blum-co-founder-arrested-on-fraud-charges-media-reports/?rand=24434
