Russian police shut down 5 crypto exchanges tied to a darknet drug market

Crypto Insight Summary: Russian law enforcement has dismantled five cryptocurrency exchanges and a darknet marketplace they were allegedly serving. The move comes as Moscow aims to end all illegal coin trading with some actions threatening the survival of legitimate platforms, too. Russian police shut down crypto exchanges laundering darknet money Russia’s Ministry of Internal Affairs (MVD) has busted... Crypto Insight Analysis: Direction: Bearish RUB / Neutral BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Russian crackdown on illicit exchanges signals regulatory pressure but has limited global impact.