US, UK initiate joint probe into $20 billion moved via crypto to evade Russian sanctions

Assad Jafri

The US and UK governments have launched a joint investigation into crypto transactions worth over $20 billion that may have violated Russian sanctions, Bloomberg News reported on March 28. The transactions, suspected of being routed through the Russia-based crypto exchange Garantex, aim to evade international sanctions and potentially fund military activities in Ukraine. In recent […]

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US, UK initiate joint probe into $20 billion moved via crypto to evade Russian sanctions