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Crackdown Chronicles: US Treasury Hits Russian Crypto Exchanges with Fresh Sanctions
Sanctions are raining down from the US Treasury, with 15 new targets in Russia feeling the financial thunder. Among them, cryptocurrency exchanges aiding sanctioned dark web marketplaces. Uncle Sam’s latest move aims to zap Russia’s financial lifelines and crack down on sanction-dodgers. It’s a regular…
Hot Take:
It's like a game of Whac-A-Mole, but with sanctions! The Treasury's OFAC is swinging its mallet with precision and zest, cracking down on the digital hidey-holes of those crafty sanction evaders. The latest hit-list includes a lineup of cryptocurrency exchanges and financial fiddlers who thought they could play a sneaky game of financial Twister with the US sanctions. Spoiler alert: They twisted themselves into a legal pretzel.Already a member? Log in here