Ukraine Seizes Assets From OTC Crypto Brokers for Working With Russians

The authorities seized 850,000 euros, US$470,000 and 460,000 Ukrainian hryvnia (amounting to about $1.67 million in total); 830 kilograms of silver; six pieces of land; and three apartments. All were the proceeds of illegal crypto trades, the Prosecutor General’s office said. The assets, worth around $3.39 million combined, were handed over to Ukraine’s Asset Recovery and Management Agency, which is similar to the U.S. Marshals Service.

Source: https://www.coindesk.com/policy/2022/07/13/ukraine-seizes-assets-from-otc-crypto-brokers-for-working-with-russians/?utm_medium=referral&utm_source=rss&utm_campaign=headlines