Markets

Moldova has accused Russia of trying to interfere in its elections using cryptocurrency, with over $

2026-03-10 09:18:08

Moldova Uncovers $107M Crypto Scheme to Influence Elections—Tied to Russian Sanctions Evasion Network

Moldova's anti-corruption agency just dropped a bombshell. A crypto scheme worth $107 million was allegedly used to interfere in the country's 2025 parliamentary elections. The money moved through non-custodial wallets and went toward candidate ads, voter bribes, and organizing protests.

Where did the cash come from? Investigators traced it back to two centralized crypto platforms—one in Russia, one in Kyrgyzstan. Both are now under sanctions. Blockchain forensics firm TRM Labs connected the dots to a Russian-backed influence operation, with transactions running through Kyrgyz exchange TokenSpot. And TokenSpot? It's linked to Garantex, a sanctioned Russian exchange. The whole thing looks like a well-oiled sanctions-evasion machine.

memecoin-1024x521.png

DISCLAIMER:

1. All content on this website (including but not limited to articles, data, charts, and analyses) is for general informational purposes only and does not constitute any form of investment advice, trading recommendation, or financial guidance.

2. Cryptocurrencies and digital assets are subject to extreme price volatility and high investment risk; you may lose part or all of your principal. Past performance does not predict future results.

3. The information on this website is based on sources we believe to be reliable, but we do not guarantee its accuracy, completeness, or timeliness. Any investment decisions made based on this website’s information are at your own risk.

4. We strongly recommend that you conduct your own thorough research and consult an independent, licensed financial advisor before making any investment decisions.

Recommended reading: