Fedyakina Valeria Alexandrovna

Fedyakina Valeria Alexandrovna

Biography

2024: Cryptocurrency fraud charge

On October 18, 2024, it became known that the Zamoskvoretsky District Court of Moscow seized the assets of blogger Valeria Fedyakina, known under the pseudonym Bitmama, for a total of ₽2,2 billion. The accused is under investigation for a major cryptocurrency fraud.

According to TASS, the decision on interim measures against Fedyakina's assets was made in early 2024 and has already entered into legal force. The arrest was imposed on all bank accounts established by the investigation and real estate belonging to or related to the accused.

The Investigative Committee of Russia has completed the investigation of the criminal case against Bitmama. She was charged with committing four episodes of fraud on an especially large scale under Part 4 of Article 159 of the Criminal Code of the Russian Federation. The total amount of damage caused to the four victims is estimated at more than billions of rubles in various currencies, including cryptocurrency.

Valeria Fedyakina is in a pre-trial detention center, where she recently gave birth to a daughter. The investigation insists on the extension of the preventive measure in the form of detention until the start of the trial. The main arguments in favor of such a decision are that the accused has a residence permit in the United Arab Emirates and that she does not admit her guilt.

The sanction of the article under which Bitmama is accused provides for punishment in the form of imprisonment for up to 10 years with a fine of up to ₽1 million or in the amount of the convict's salary for a period of up to three years. The accused's property was seized in order to ensure the possible repayment of damage to the victims or to pay a fine in the event of a conviction.

The victims, the accused and her defense have already begun to familiarize themselves with the case materials. No trial start date has yet been set.^[1]

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