US Sanctions Russian Crypto Entities Following Potential Sanctions Evasions

US Sanctions Russian Crypto Entities Following Potential Sanctions Evasions

Cryptonews

The U.S. has hit Russian crypto-related entities and individuals with additional sanctions following potential prior evasions aimed at funding the Putin-led country’s war against Ukraine, the Office of Foreign Asset Control (OFAC) revealed Monday. The latest announcement from OFAC marks the second line of sanctions by the U.S. against Russa in two months following the second anniversary of the invasion of Ukraine.

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