The Sverdlovsk Regional Court in Yekaterinburg ordered Sberbank to unblock account services to a client involved in Bitcoin trading. According to the information, the customer’s name is Pavel R., and he is a resident of the small town of Revda.
The client’s bank accounts undertook multiple transactions associated with trades on cryptocurrency exchanges from May to August 2020. Sber blocked the individual from access to their bank accounts.
The bank also cited suspicious transaction activity and Anti-Money Laundering policies. The bank then refused to resume the service after the client attempted to regain access to their accounts by providing detailed information about their trades.
He later filed a claim and presented proof of his transactions again. He went further, accusing Sber of violating his customer rights.
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Following the process, the Yekaterinburg court established that the bank had no right to block Pavel’s card as his financial transactions were in accordance with the law. As a result, Sber must unblock the account and compensate the client’s legal costs
Still, the Sverdlovsk Regional Court denied the customer’s claim for moral damages. It also ordered that he has to pay 5 thousand rubles ($68) to reimburse costs during the lawsuit.
