Russian Influencer Sentenced for Crypto Scam Tied to Ukraine War Funding


17h40 ▪
3
min read ▪ by
Gijs O.

Valeria Fedyakina, a 24-year-old Russian influencer known online as “Bitmama,” has been sentenced to 7 years in a prison colony after running a major crypto scam that stole over $21 million from investors. Russian prosecutors say some of the stolen funds were used to support Ukraine’s military, a claim that adds a geopolitical twist to this case.

A woman behind prison bars stands defiantly, with the Ukrainian flag in the background—symbolizing a crypto scam linked to war funding.A woman behind prison bars stands defiantly, with the Ukrainian flag in the background—symbolizing a crypto scam linked to war funding.

In brief

  • Russian influencer “Bitmama” scammed investors out of $21 million through a fake crypto scheme.
  • Some of the stolen…

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