Cybercrime unit arrests 20-year-old for illegal UZS 6.7 billion crypto turnover

The investigation identified the suspect as a 2004-born resident of the Syrdarya region currently living in Tashkent, identified by the surname Beknazarov. Investigators allegedly found evidence of large-scale, unauthorized transactions on various crypto exchanges on his mobile device. The examination, conducted in the presence of witnesses, indicated that the suspect utilized multiple mobile applications and accounts to facilitate these digital asset transfers.

Law enforcement officials believe the suspect misappropriated more than 556,000 USDT through illegal P2P operations, which is equivalent to over UZS 6.7 billion. It was also noted that he specifically utilized the Bitget application to carry out these illicit transactions. The case materials have been finalized and submitted to the Yashnobod District Investigative Department for further legal action.

In a statement provided to the authorities, the suspect admitted to his involvement in the activities. "I carried out P2P transactions on the HTX and Bitget crypto exchanges. At the time, I did not realize my actions were illegal. Internal affairs officers have since explained the legal consequences. I now regret what I have done and will not engage in such activities again," he stated.