Blum Co-Founder Arrested in Moscow, $BLUM Token Listing at Risk
Vladimir Smerkis, a key figure behind Blum’s tap-to-earn crypto platform, was arrested in Moscow, sending shockwaves through the community. The timing raises concerns about the scheduled token listing and price stability.
Blum’s users now face uncertainty as regulatory scrutiny intersects with crypto innovation. The arrest highlights the persistent volatility in emerging blockchain projects when leadership crises emerge.