June 26, 2024 at 08:57AM The European Union imposed new sanctions on Russia, targeting its tanker fleet and companies over the war on Ukraine. The EU aims to hinder Russian liquefied natural gas shipments, estimating billions of cubic meters were transported via EU ports last year. The measures also include asset freezes, travel bans, and … Read more
March 25, 2024 at 05:26PM The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Bitpapa and Crypto Explorer for dealing with OFAC-designated Russian entities, Hydra Market and banks. The move aims to disrupt Russian attempts to evade sanctions. The sanctions freeze assets and prohibit transactions involving the designated entities, posing risks to engaging parties. … Read more
November 6, 2023 at 01:12AM The U.S. Department of the Treasury has imposed sanctions against Ekaterina Zhdanova, a Russian woman involved in laundering virtual currency for Russian elites and cybercriminal groups, including the Ryuk ransomware group. Zhdanova facilitated cross-border transactions to help Russian individuals access Western financial markets and evade international sanctions. She utilized entities … Read more