Stablecoin Market Faces Run Risk Despite Full Reserves, FSB Warns
The core vulnerability is not reserve coverage alone, but whether collateral can move fast enough across jurisdictions when redemptions surge.
Every Zipp story tagged #FSB, newest first.
The core vulnerability is not reserve coverage alone, but whether collateral can move fast enough across jurisdictions when redemptions surge.
The raid follows Russia's January ban on WhiteBit and treats unlicensed crypto desks as a sanctions-evasion vector funding Kyiv.
FSB indictment carries a possible life sentence and escalates a February probe that already drew over 100M rubles in platform fines, casting new risk over Telegram and its TON-linked crypto stack.
The terrorism-facilitation charge escalates a four-year FSB pressure campaign against Telegram and revives the question of whether Moscow's reach now extends to platform founders on the move.