Thursday, September 12 2024 13:48

Yandex Money blocking customer accounts (wallets) at foreign  countries` request 

Yandex Money blocking customer accounts (wallets) at foreign  countries` request 

ArmInfo. Russian financial service Yoomoney (former Yandex Money) is blocking customer accounts (wallets) at the request of foreign countries. The wallet was blocked not at the request of a court or the Russian financial regulator, but at the  request of the of Azerbaijan. This was reported  by the well-known Israeli blogger Alexander Lapshin.

Lapshin posted on his Facebook page a corresponding screenshot of the  correspondence with the Yandex Money support service, who stated  literally the following: .

According to independent experts, by its behavior, Yandex has put  itself in a more than vulnerable position, unquestioningly fulfilling  the will of some of foreign states, under  whose jurisdiction it is not. Moreover, this is done without a  decision from Russian special services, financial regulators or  judicial authorities. The company, experts believe, is thereby  driving itself into an area of increased systemic risks and putting  itself in a rather vulnerable position in terms of the level of trust  on the part of Yoomoney service clients.

, -  Lapshin suggests, commenting on the situation with his wallet.

, - the blogger reminds. Lapshin noted that he rarely uses  the Yoomoney wallet, so the Azerbaijani revenge has had almost no  impact on his work, but this fact shows how vulnerable the  jurisdiction of the Russian Federation is today. In this regard, he  recalled the high risks for those who use Yandex Money wallets.