Son Of Lukashenka's Sanctioned Friend Sells His Shares In Cryptocurrency Exchanges

The buyers of his assets are now known.

Said Gutseriev, Member of the Board of Directors of the Safmar Group, son of Mikhail Gutseriev, who is under sanctions imposed by Western countries against the Lukashenka regime, sold his shares in three cryptocurrency exchanges - Currency.com, Capital.com and Zubr.io, as follows from the companies' statements, reports afn.by.

The fact of selling exchanges has been confirmed by a representative of the businessman, reports Vedomosti.

International cryptocurrency exchange FTX purchased Zubr.io, while shares in Currency.com, Capital.com purchased by IT businessman Viktor Prokopenya.

A representative of Prokopenya's VP Capital has confirmed it. After Prokopenya bought from Said Gutseriev shares in Currency.com, Capital.com he and Said Gutseriev no longer hold any joint projects.

The amount of transactions is not disclosed, but Gutseriev could earn about $150 million on the sale, the newspaper said.