Uzbek crypto trader in trouble over $1.3M turnover on ‘unlicensed’ Binance and Bitget
A man has been arrested in Uzbekistan for illegally moving well over a million U.S. dollars’ worth of money through global cryptocurrency exchanges.
While coin transactions are not prohibited in the Central Asian nation, trading platforms need government approval to operate in its jurisdiction.
Uzbekistani trader to be prosecuted for using major crypto exchanges
Uzbekistan’s Law enforcement agencies have detained a resident of the city of Andijan, in the southeastern Bukhara region, accused of illegal trading of digital assets “on an especially large scale.”
According to a press release issued by the Ministry of Internal Affairs, the citizen has conducted 2,400 transactions between April 20 and September 30, 2025.
These…
