EXMO a UK Cryptocurrency Exchange’s Director kidnapped in Ukraine

Nishanth Shetty

Nishanth Shetty

December 29, 2017 7:02 am

EXMO a UK Cryptocurrency Exchange's Director kidnapped in Ukraine | Coindelite News
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Cryptocurrency News

Ukraine news outlet Strana.ua wrote that IT specialist and managing director of UK-based Cryptocurrency exchange EXMO, Pavel Lerner, has been kidnapped on December 26 in Kiev. The IT Specialist has a number of startups linked to Cryptocurrencies, including the mining operations.

As per the reports, EXMO’s head was kidnapped near a street which is previously known as Moscow Prospect, later renamed to Stepan Bandera Prospect. He was forced into a Mercedes-Benz Vito by unknown attackers.

Strana wrote:

“The programmer was dragged into a Mercedes-Benz Vito car (state number AA 2063 MT) by unknown persons in dark clothes and balaclavas, and taken away in an unknown direction.”

Search operations are currently being conducted, and the investigators investigating constantly on this case. Recently, EXMO, released a statement confirming media reports that, it was doing everything it could help find him. The statement further made sure that the operations weren’t affected and revealed he did not have direct access to the user data.

The statement described:

“The problem is real. We are doing everything possible to speed up the search for Pavel Lerner. The company would be grateful for any information to aid in the search for Pavel. Despite everything, the platform is working as usual. Pavel’s activity in the company does not affect the access to cold storage or other user information.”

According to reports, last year EXMO’s original dot-com domain was blocked by Roskomnadzor, Russia’s telecom regulator. Its current domain, exmo.me, has been registered under Lerner’s name in Krasnoyarsk, and the exchange is now fighting the regulator’s decision in court, making it one of the few fighting the state’s clampdown.

EXMO said it was hit with a Distributed Denial of Service (DDoS) attack yesterday.


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