SANCTIONED RUSSIANS PULL ALL AVAILABLE LEVERS TO CONTINUE INTERNATIONAL TRANSACTIONS
January 22nd, 2023
Given the constant expansion and tightening of sanctions against Russian individuals and organisations since Russia invaded Ukraine last February 24, it is no surprise that Russians have developed innovative ways to evade these sanctions. Sanction Scanner, a UK-based screening and transaction monitoring service provider highlighted how Russians have been utilising peer-to-peer exchanges of digital currencies to help conceal the beneficial owner of crypto. This “could subsequently be transferred to risky exchanges that do business in Russia or even huge ...
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