Bitzlato founder Anatoly Legkodymov made his first appearance on Tuesday in New York, where the Russian national accused of processing more than $700 million in illicit funds was denied bail. Un...
Tag: sanctions
One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China?’
Washington is not short of Russia and China hawks. The Senate Banking Committee on Feb. 28 asked … [+] —how can the U.S. sanction China like we are Russia? Photo by Valery SHARIFULIN / Sputnik /...
Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions – Exchanges Bitcoin News
Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct resul...
Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions – Bitcoin News
Some companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers. Local reports indicate that, while the most p...
Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report – Bitcoin News
Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “f...
SpankChain founder teases Tornado Cash ‘sequel’
Ameen Soleimani, the co-founder of SpankChain and Reflex Labs, has teased a revival of sorts for the controversial Ethereum transaction mixer, Tornado Cash. Soleimani’s tweet indicated the...
Are Russians using exchanges to evade sanctions? – Cryptopolitan
Reports have stated that Russians have been carrying out crypto transactions since the announcement of the sanctions on the country. According to a report, exchanges have been unable to implement meas...
Continued Sanctions On Russia “Unlikely To Deliver A Knockout Blow,” Think Tank
A view of the Kremlin’s Spasskaya tower and St. Basil’s cathedral taken during the last day of the … [+] three-day parliamentary and local elections in Moscow on September 19, 2021. ...
Russian Ransomware Projects Rebranded to Avoid Western Sanctions: Report
Blockchain intelligence company TRM Labs revealed that some major Russian-linked ransomware syndicates rebranded their activities in 2022 to avoid sanctions from Western countries. According to a new ...
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges – Exchanges Bitcoin News
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continu...
Exchanges using USDT to trade in Russia despite sanctions: Report
Huobi and KuCoin are reportedly allowing customers of sanctioned Russian banks to access their trading platforms. Binance was also allowing Russians to convert local currency to crypto without KYC che...
Sanctions On Russia Still Aren’t Working
TOPSHOT – Ukrainian tanks move on a road before an attack in Lugansk region on February 26, 2022. – … [+] Russia on February 26 ordered its troops to advance in Ukraine “from a...
U.S. Delivers More Russia Sanctions 1 Year Into War—Here’s What You Need To Know
Topline The White House announced new sanctions against Russia Friday and other steps the U.S. and G-7 countries are taking to hold the country accountable and provide aid to Ukraine, continuing the U...
British citizen who helped North Korea evade US sanctions via crypto arrested in Moscow
Ad British national Christopher Douglas Emms — wanted by the FBI for allegedly helping the North Korean government evade U.S. sanctions via crypto — was arrested in Moscow by the Russian bureau of Int...
A British National Charged With Aiding North Korea in Violating US sanctions
A citizen of the United Kingdom who was wanted by the Department of Justice in the United States was apprehended by the Interpol office in Moscow (DoJ). The guy is suspected of participating in a plot...
Inside Venezuela’s Contradictory Oil Industry
A man carries buckets while working to clean up an oil spill near a pipeline of state-owned … [+] Petroleos de Venezuela (PDVSA) in Voladero, Monagas state, Venezuela, on November 5, 2021. ̵...
Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Ima...
Sinbad crypto mixing service may be Blender in disguise: Elliptic
A shuttered crypto transaction mixer once sanctioned by U.S. regulators may have returned under a new name, according to an analysis by crypto firm Elliptic. Elliptic said that on-chain data sho...
Is China-Decoupling A Myth?
2022 witnessed an historic high in U.S.-China bilateral trade. getty For the second year running, trade and investment between the U.S. and China have increased. This, despite Washington’s escalating ...
South Korea Imposes Sanctions on North Korean Groups Over Crypto Thefts
11 seconds ago | 2 mins read Bitcoin News Four North Korean people and seven firms have been blacklisted. North Korean hackers have stolen virtual assets totaling over $1.2 billion. To counter cryptoc...
Seoul Sanctions North Korea Over Crypto Theft – Bitcoin News
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the...
South Korea Imposes Independent Sanctions on North Korea For Cryptocurrency Thefts
Join Our Telegram channel to stay up to date on breaking news coverage What – South Korea and the US have partnered to combat ransomware threats, resulting in sanctions against several individuals and...
South Korea Sanctions 11 North Korean Parties for Crypto Crimes
South Korea has announced it will sanction specific individuals and entities in North Korea in retaliation against crypto thefts and cyber crimes. The country is embracing blockchain technology to bui...
Russia Introduces New Investor Immigration Program Despite War And Sanctions
Moscow launched a new investor immigration program in January 2023 (Photo by Alexander NEMENOV / … [+] AFP) (Photo by ALEXANDER NEMENOV/AFP via Getty Images) AFP via Getty Images Russia recently...
South Korea sets independent sanctions for crypto theft against North Korea
South Korea announced its first independent sanctions related to cryptocurrency thefts and cyberattacks against specific North Korean groups and individuals. According to Seoul’s Ministry of Foreign A...
Here Are All The U.S. Sanctions Against China
Topline China has been subjected to mounting U.S. sanctions in recent years—and tensions between the two countries have escalated over the past week after the Biden Administration shot down a suspecte...
Russia Survived a Year of Sanctions by Investing as Never Before
(Bloomberg) — Russia is seeking to spend its way out of the self-inflicted economic crisis that threatened to deliver the deepest recession of President Vladimir Putin’s more than two-decade rul...
US Treasury Sanctions Hit Russian Arms Dealer’s Crypto Wallets
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed full blocking sanctions on 22 individuals and entities across several countries, including Russia and Cyprus, ...