Add as a preferred source on GoogleUK Sanctions Three Crypto Services Over $950 Million in Transfers
The measures target Cryptomus, Heleket and TokenSpot in an action involving Russia-related entities suspected of sanctions evasion.
The United Kingdom sanctioned three crypto services after linking TokenSpot to more than $950 million in transfers involving sanctioned platforms and a Kremlin-backed network.
The measures target Cryptomus, Heleket and TokenSpot as part of a UK action against Russia-related entities suspected of evading sanctions.
The UK said TokenSpot transferred more than $950 million to Grinex and Garantex, both sanctioned exchanges, as well as the A7 network, which the UK described as backed by the Kremlin.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.