Law enforcement authorities in the Yunusabad district of Tashkent have cracked down on illegal digital currency trading, detaining a 17-year-old local resident who allegedly conducted illicit crypto asset transactions totaling $578,000 (approximately 6.9 billion soums).

The minor reportedly used specialized software and hardware to carry out the shadowy deals. During a search of his residence, police seized a laptop, an all-in-one computer, a mobile phone, and two bank cards used to withdraw funds.

A criminal case has been opened under Article 278-8 of the Criminal Code of Uzbekistan (Violation of legislation in the sphere of crypto asset circulation). Investigators are currently working to identify the sources of the funds and any accomplices involved in the scheme.

Source: podrobno.uz