US sanctions crypto exchanges used by Russian ransomware gangs

September 26, 2024 at 11:52AM The U.S. Treasury Department sanctioned Cryptex and PM2BTC, accusing them of laundering funds for Russian ransomware groups and cybercrime. The exchanges allegedly facilitated transactions for threat actors and failed to maintain anti-money laundering measures. These actions are part of a broader international effort to disrupt Russian cybercrime networks. U.S. citizens … Read more