Crypto exchange Whitebit, whose owners are Russian citizens, is close to collapse
Majority co-founders cryptobDmitry and Nikita Shentsev, the Whitebit companies, are citizens of Russia and use the platform for their own enrichment and withdrawal of capital abroad. At the same time, the dummy management of the exchange in the media and on Internet sites boasts of really non-existent performance indicators to attract funds from insufficiently experienced clients.
The human rights NGO “NON-STOP” writes about this on its Facebook page.
Reference: Recently, the President of Ukraine, by his decision, deprived the deputy of the Kharkiv Regional Council Nikita Shentsev of the citizenship of Ukraine, since he has a Russian passport.
Nikita’s father is a former people’s deputy of several convocations, a member of the Opoblok party, Dmitry Shentsev, who, by the way, was not deprived of Ukrainian citizenship by anyone. In September 2022, the then non-factional Shentsev Sr. voluntarily resigned the mandate of the People’s Deputy. Nothing is officially known about the presence of a Russian passport in Shentsev Sr., but, according to human rights activists, Dmitry Shentsev is also a citizen of the Russian Federation.
In order to evade taxes, legalize and withdraw funds, the Shentsevs became sponsors cryptobiznesman Vladimir Nosov and majority co-founders cryptobWhitebit exchanges with a 60% share, that is, the Shentsevs own most of the corporate rights of the exchange.
These facts are the basis for the arrest of the corporate rights of all companies associated with Whitebit and Nosov, since the real beneficiaries of the exchange are Russian citizens who earned and withdrew funds through corruption schemes from Ukraine. – consider in the organization.
Shentsev appointed his son Nikita “responsible” for the family fortune at Whitebit, who, using funds withdrawn from the exchange, simultaneously purchased luxury cars for $ 1 million and boasted of purchases on social networks.
CryptobThe Whitebit exchange, controlled by Shentsev, has serious problems with its own token. The platform is used by oligarchs, pro-Russian politicians and the entourage of former ministers to withdraw and legalize billions of dollars of illegally obtained funds, which leads to the growth of the currency issued by Whitebit.
The company holds 95% of its own tokens, this is not done in a civilized cryptobworn out. In fact, they artificially hold its price, which threatens an instant collapse. We would not recommend buying such coins because of the high risks,” experienced market players commented on Whitebit’s policy.
According to such schemes, the billions stolen in Ukraine are “laundered” and transferred to Europe, and oligarchs like the Shentsevs buy real estate in London, from where they continue to damage the national interests of the state.
Experts in the field of cryptocurrencies, on condition of anonymity, in the comments to our publication reported that Whitebit predicted the fate of the infamous cryptobexchange FTX, an online cryptocurrency exchange service that collapsed in 2022. Clients’ losses amount to billions of dollars, and the company’s management is now under arrest and they are facing solid prison terms under several articles.
“Obviously, the exchange has serious problems with the community. Statements of its director (by the way, a previously unknown character in the world cryptobbusiness and clearly a figurehead) in an official interview with Forbes about billions of dollars in turnover is complete nonsense. Anyone who is at least a little versed in cryptobIt is well known that only world-class companies Binance and Coinbase can boast of this, and Whitebit’s turnover is thousands (!) times less, ”specialists emphasized.
Experts also advise paying attention to large staking (blocking cryptocurrency to receive rewards – ed.). payments for which can stop at once and unreasonably huge sponsorship promotions as an article of dubious waste of funds. Where did the exchange, on which there are practically no people, finance Turkish teams (why not Ukrainian ones, for example?) and even announced something about an attempt to finance Barcelona (!)
The NON STOP NGO stated that they are already working to involve the relevant law enforcement agencies in the investigation of illegal operations cryptobjiri. A legal assessment of the possibility of using legalized funds for financing terrorism and a transnational channel for tax evasion, the withdrawal of capital through the Whitebit exchange should be provided by the SBU, BEB, the Office of the Prosecutor General, the Cabinet of Ministers and SAPO. The organization has already submitted relevant applications there.
The study of the movement, involved persons and companies, the legality of NON-STOP funds suggests starting with:
1) a study of the sources and movement of the million dollars for which Shentsev bought himself supercars;
2) a study of individuals and companies that rented and used Whitebit’s office in the elite “Diamond City”
3) companies receiving and withdrawing funds from crypto investors for Whitebit.