Vladimir Smerkis, a co-founder of Blum, has been arrested in Russia on suspicion of large-scale fraud According to The Block, Vladimir Smerkis, co-founder of Telegram Mini App "Blum" and former head of Binance CIS region, has been arrested in Moscow on suspicion of large-scale fraud. The Zamoskvoretsky District Court in Moscow approved his detention request and launched an investigation under Article 159 of the Russian Criminal Code (Special Mass Fraud).