Russian Government has blocked the news site of cryptocurrency as the site was promoting money laundering. In spite of rapid expansion of Bitcoin and crypto industry, the digital assets such as Bitcoin & their promotion does not look favorable. Here, Russian government may also block some of the media sites to apparently promote the concept of money laundering.
As this happens, the editors of the website portal have discovered that key reason for purpose to block the website was basically the decision of Volzhsky District Court. It confirms that the internet addresses consist of the details promoting the money laundering concept.
Verdicts for Cryptocurrency without representation
As per statement, the ruling of court was in response to the lawsuit. It was filed by prosecutor’s office with decision. Here, media outlet even confirms that website of court says that Alla Danilenko, the judge usually considers this case devoid of presence of block addresses of the owners. Here, block addresses not specifically named in document. However, the official Cryptocurrency ruling specifies that it consist “information that promotes crimes in money laundering.”
Ivan Tikhonov, Bits.media founder disputes the ruling and confirms that we basically interested party, but no one has notified for such proceedings. We also not given any such opportunity for removing the materials and the verdict disagreed strongly.
Tradition of blocking the news site of crypto by Russian Government!
This is not for the first time when government blocks Bits.media or other websites that crypto-related with similar kind of situation. Back now, the editors have also challenged the decision of court. Hereby winning case four months afterwards, which Roskomnadzor unblock this website. However, the website Bits.media is accessible in Russia through the VPN or through the proxies.
Russia has the quite complicated relationship with digital asset and Cryptocurrency. With requesting that Central Bank & government come to mutual agreement about expanding of the industry.
