The underground internet is vibrant with conversations about methods to access Russian cryptocurrency holdings. 

In response to the U.S. sanctions, there's been a surge in activity on the darknet, with various proposals emerging aimed at facilitating the withdrawal of frozen assets from Russian users' accounts on global cryptocurrency exchanges. The journal Experts consulted by 'Kommersant' have shared insights into the emerging strategies for accessing funds from restricted accounts in international cryptocurrency platforms that have been discovered on the darknet.

Funds withdrawals from Binance Exchanges like Kraken, Huobi, and KuCoin are highlighted in these offers. The service fees can vary dramatically, from 35% to as high as 85%. Nevertheless, Angelina Sevostyanova, a corporate lawyer at Key Consulting Group, advises caution, since there seems to be an increase in fraudulent offers amidst these proposals.

Recall that in October, the European Union The restrictions on cryptocurrencies used by Russia have been further tightened. Previously, companies granted licenses in Europe were limited to holding a maximum of 10,000 euros in assets for Russian clients.

Trading platforms such as BitMEX, Bitstamp, WhiteBIT, and Gemini have ceased operations for Russian users, while others like Binance, Coinbase, and Kraken have only allowed limited access. restricted Russian users’ Reportedly, between 10,000 and 20,000 Russians are facing transaction restrictions, according to Anna Avakimyan, the chief analyst at RegBlok, who also mentioned that the total assets affected amount to over $1 billion. cryptocurrency exchanges Interestingly, the Russian government has been stepping up its crackdown on cryptocurrency use. This new darknet marketplace might serve as an alternative for Russians looking to circumvent the existing bans.

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