
Five Russians arrested in Georgia over alleged money laundering, crypto scheme
The operation reportedly involved the unregulated trade of ‘hundreds of millions of lari’.

The operation reportedly involved the unregulated trade of ‘hundreds of millions of lari’.

The economic damage from the illegal electricity consumption exceeds several million rubles.

The mining farm was equipped with 89 cryptocurrency mining devices.

The shooting roiled an already tense political environment in Abkhazia.

For years, Abkhazia has suffered from seasonal blackouts every winter. While the authorities blame cryptocurrency miners, experts say the problem goes much deeper. Power outages are a winter tradition in Abkhazia. Abkhazia’s electricity supply depends on water levels in the hydroelectric power plant on the River Ingur (Enguri), which is jointly managed by Abkhazian and Georgian staff. During winter, these are critically low, as the mountains are covered with snow and very little water reaches