The Financial Supervision Authority of the Kyrgyz Republic found accounts on Instagram with signs of illegal lottery.
The Service for Regulation and Supervision of the Financial Market, which is part of the Ministry of Economy and Commerce of the Kyrgyz Republic, is actively identifying and suppressing schemes of illegal lotteries that are spreading through social networks and the internet. According to the agency, some online raffles conducted without the proper permits may mislead people by offering enticing prizes such as cars, cash rewards, and other valuable gifts. "Such actions violate the