You still believe in 'technical glitch' excuses for OTC USDT exchange? 20 million hryvnia in cash seized, the name 'money 24/7' sounds ridiculous, unlicensed operation turning into fraud, same old tricks.

CoinWorld News: According to a statement from Ukraine's Prosecutor General, Ukrainian law enforcement agencies have cracked down on a cryptocurrency exchange network suspected of fraud. The suspects collected cash from customers through websites, Telegram, and offline exchange points under the guise of trading, but failed to transfer cryptocurrency or issue refunds as agreed, indefinitely delaying with "technical issues" as an excuse. Law enforcement conducted over 20 searches across 7 regions of Ukraine, seizing cash worth more than 20 million hryvnias (about $480k). The individuals involved are now facing charges of fraud. Local media reported that the network is suspected to be Money 24/7, which had previously been investigated for operating without a license and defaulting on customer funds, with an estimated amount of around $10 million.