The latest report from the Central Bank of Russia shows that financial fraud cases involving cryptocurrency have increased significantly in 2023, with the number of illegal activity entities increasing by 15.5% year-on-year to 5,735 cases. The report highlights that almost all financial pyramids and illegal brokers offer domestic token investments or accept cryptocurrency investments. These fraud schemes mainly operate online through social networks and Telegram applications, and fraud organizers also actively use "popular lifestyle bloggers" for advertising. To combat these illegal activities, the Central Bank of Russia has taken measures to restrict the use of domains and subdomains by entities involved in illegal financial activities. In 2023, more than 1,500 financial pyramid domains and subdomains were blocked. In addition, the central bank also shares information on illegal entities and financial pyramids with law enforcement agencies, the Antitrust Service of the Russian Federation and the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media. More than 125 criminal cases and 620 administrative cases have been opened in 2023, taking More than 1,300 other response measures were implemented.