Uzbekistan Busts $1.3M Crypto Operation

Uzbekistan Busts $1.3M Crypto Operation

Law enforcement authorities in Uzbekistan’s Bukhara Region have detained a native of Andijan on suspicion of large-scale illegal cryptocurrency trading.

Between April 20 and September 30, 2025, the suspect carried out around 2,400 transactions on the Binance and Bitget platforms without the required license. The total volume of cryptoasset transactions-including receipt, transfer, and exchange-amounted to 1,373,824 USDT, exceeding 18 billion Uzbek soums, The Caspian Post reports via Uzbek media.

Investigators identified two main channels used to move…

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