Money 24/7 Organizer Served Notice for Massive Crypto Scam

The organizer of the Money 24/7 fraudulent cryptocurrency exchange network has been served with a notice of suspicion, according to the Prosecutor General's Office.

Law enforcement officers exposed the scheme during a large-scale special operation in July 2026. The investigation found that clients handed over funds to exchange them for cryptocurrency, but after receiving the money, the participants failed to fulfill their obligations.

To maintain trust and delay appeals to law enforcement, they partially transferred crypto-assets to some victims and provided written guarantees.

One of the victims suffered losses of more than UAH 1.59 million. The scheme's participants used web resources, a Telegram account, a trademark, and an office equipped as a cash-receiving point to create the appearance of legitimate operations.