Latest News and Articles about Sanctions Evasion
Russia’s Crypto Crackdown: Foreign Exchanges Face Blockade by September 2024
Russia’s Crypto Crackdown: Foreign Exchanges Face Blockade Under New Domestic Rules Russia is set to slam the door on foreign cryptocurrency exchanges like Binance and OKX, with a potential blockade kicking off as early as September 1, 2024, unless they comply with harsh new domestic regulations. This aggressive policy is the Kremlin’s latest move to […]
Read MoreEU Proposes Full Ban on Russian Crypto Transactions to Stop Sanctions Evasion
EU Targets Russian Crypto Transactions with Sweeping Ban to Curb Sanctions Evasion The European Union is taking a sledgehammer to sanctions evasion, proposing a complete ban on cryptocurrency transactions tied to Russia. With tensions still high from the 2022 invasion of Ukraine, the European Commission aims to shut down digital backdoors that have let Russian […]
Read MoreFidelity Enters Stablecoin Race, Tether Hoards Gold, Illicit Risks Grow
Fidelity Jumps into Stablecoins, Tether Stacks Gold, and Illicit Shadows Loom Stablecoins are rewriting the rules of finance, pulling Wall Street titans, crypto juggernauts, and even shadowy operators into a high-stakes showdown. Fidelity Investments is launching its own dollar-backed token, Tether is hoarding gold like a fortress, and obscure stablecoins are fueling sanctions evasion—all while […]
Read MoreCrypto Crime Hits $158B in 2025, But Illicit Share Drops, TRM Labs Reveals
Crypto Crime Rockets to $158 Billion in 2025, Yet Illicit Share Dwindles, TRM Labs Reports The numbers are in, and they’re staggering: crypto-related crime hit a record $158 billion in 2025, a whopping 145% jump from $64.5 billion in 2024. But hold off on the doom and gloom—while the raw figures are eye-watering, the proportion […]
Read MoreTether Freezes $182M on TRON: Venezuela Targeted, Iran Next in Crypto Crackdown?
Tether’s $182 Million Freeze: Venezuela Targeted, Iran on the Horizon? Tether, the issuer of the dominant stablecoin USDT, has sparked intense debate by freezing $182 million across five wallets on the TRON network, with speculation rife that Venezuela’s state-run oil company, Petroleos de Venezuela (PdVSA), is the target for evading U.S. sanctions. As stablecoins become […]
Read MoreEU Cracks Down on Ruble-Backed Stablecoin A7A5 in Sanctions Blitz
EU Targets Ruble-Backed Stablecoin A7A5 in Aggressive Sanctions Push The European Union is drawing a hard line against A7A5, a ruble-backed stablecoin with deep ties to sanctioned Russian entities, as it ramps up efforts to block Moscow’s financial escape routes. With a market cap nearing $500 million, A7A5 isn’t just a blip on the radar—it’s […]
Read MoreKremlin-Backed A7A5 Stablecoin Moves $6B, Dodges Sanctions on Tron and Ethereum
Kremlin-Backed A7A5 Stablecoin Moves Billions, Evading Sanctions on Tron and Ethereum Russia has built a formidable financial workaround with A7A5, a Kremlin-backed stablecoin central to its A7 cross-border payment network, designed to sidestep Western sanctions imposed after the 2022 invasion of Ukraine. With over $6 billion flowing through this system since August, Moscow is leveraging […]
Read MoreIran’s Uranium Rollback Proposal: Sanctions, Conflict, and Bitcoin’s Evasion Role
Iran’s Nuclear Proposal: Uranium Rollback, Sanctions Threat, and Bitcoin’s Role in Evasion Iran has ignited global headlines with a tactical offer to slash its uranium enrichment from a near-weapons-grade 60% to 20%, a move aimed at dodging UN snapback sanctions from Britain and the EU while sidestepping military confrontation with Israel and the US. Yet, […]
Read MoreTikTok Influencer Gets 8.5 Years for North Korea Crypto Sanctions Scheme
TikTok Influencer Jailed 8.5 Years for North Korean Crypto Sanctions Evasion Christina Marie Chapman, an Arizona-based TikTok influencer, has been sentenced to 8.5 years in prison for her role in a audacious North Korean scheme to evade U.S. sanctions. Operating a “laptop farm” from her home, she enabled North Korean IT workers to infiltrate over […]
Read MoreRussia’s Crypto Mining Registry: Crackdown on Rigs or State Overreach?
Russia’s National Crypto Mining Rig Registry: Regulation or Overreach? Russia’s cryptocurrency mining scene is a lawless frontier of epic proportions, and the Energy Ministry is stepping in with a bold plan: a national registry for every mining rig in the game. Designed to tackle illegal operations and rake in tax revenues, this initiative is stirring […]
Read MoreA7A5 Ruble Stablecoin Moves $9.3B on Grinex: Sanctions Evasion or Innovation?
Ruble-Backed A7A5 Stablecoin Hits $9.3B on Grinex: Sanctions Evasion or Crypto Innovation? A Russian ruble-pegged stablecoin, A7A5, has processed a jaw-dropping $9.3 billion in transactions on Grinex, a cryptocurrency exchange widely seen as the successor to the sanctioned platform Garantex. With deep ties to sanctioned entities and serious doubts about its organic adoption, this development […]
Read MoreUS Seizes $7.74M in Crypto from North Korean IT Scam: Blockchain Security Exposed
US Seizes $7.74M in Crypto from North Korean IT Scam: A Blockchain Security Wake-Up Call The US Department of Justice (DOJ) has fired a shot across the bow with a civil forfeiture action targeting $7.74 million in cryptocurrency tied to a brazen North Korean IT worker scheme. Orchestrated by operatives of the Democratic People’s Republic […]
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