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A young man involved in a 556 thousand dollar crypto turnover was arrested in Tashkent.

A young citizen who carried out a large-scale circulation of illegal crypto-assets in the city of Tashkent has been detained.

Image of 'A young man involved in a 556 thousand dollar crypto turnover was arrested in Tashkent.'

During rapid operational measures carried out in Yashnobod district, it was established that a young man born in 2004 had circulated crypto funds worth 6.7 billion soums (over 556 thousand dollars) through P2P operations.

During the investigation, it became known that illegal income and expenditure operations were carried out through applications and accounts on his smartphone.

The suspect admitted to being active on the HTX and Bitget platforms, stating that he was unaware these activities were illegal.

A criminal case has now been initiated against him under the relevant article of the Criminal Code, and detention as a preventive measure has been applied. Investigative actions are ongoing.

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