sanctions

Consensus Magazine

Russia

Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International

Russian banks may be cut off from the SWIFT international payments network but, despite wide-ranging international sanctions, money keeps flowing between Russia and the West. Brokers are ready to turn Russian rubles into foreign currency abroad, in cash.

By Anna Baydakova

Sponsored

Mar 15, 2023 at 11:00 a.m. UTC

Mar 15, 2023

RussiaOTCSanctionsTetherStablecoin

---

Finance

Chainalysis

Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis

Kim Grauer, the blockchain sleuthing firm's head of research, told CoinDesk TV sanctioned activity and hacking were the driving forces behind the rise in illicit transaction volumes last year.

By Fran Velasquez

Sponsored

Feb 27, 2023 at 8:41 p.m. UTC

Feb 27, 2023

ChainalysisKimberly GrauerCoinDesk TVHacksSanctionsOFAC

---

Markets

Chainalysis

Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis

2022 became a year of crypto thefts, but illicit transactions still account only for a meager share of all crypto activity, Chainalysis says.

By Anna Baydakova

Sponsored

Feb 17, 2023 at 3:54 a.m. UTC

Feb 17, 2023

ChainalysisSanctionsCrimeHacksTech

---

Policy

Regulations

Tornado Cash Dev’s Criminal Case in Europe May Hinge on Laptop Access

Dutch prosecutors now have access to Alexey Pertsev’s computer and are using it to probe key details including governance and profit-making at the privacy service.

By Jack Schickler

Sponsored

Feb 16, 2023 at 1:01 p.m. UTC

Feb 16, 2023

regulationsAlexey PertsevTornado CashMoney LaunderingNetherlandsSanctions

---

Finance

Sanctions

Sanctioned Mixer Blender Re-Launched as Sinbad, Elliptic Says

Operators of Blender.io might have launched Sinbad after Blender was sanctioned for processing North Korean hackers’ money, blockchain intel firm said.

By Anna Baydakova

Sponsored

Feb 13, 2023 at 6:36 p.m. UTC

Feb 13, 2023

SanctionsLazarus groupRoninHorizon bridgeTornado Cashblender.io

---

Consensus Magazine

Russia

Coins of War: How Crypto Keeps Feeding Russia's War Despite Sanctions

Russian troops in Ukraine are receiving millions in crypto donations. CoinDesk investigates how these funds are flowing and talks to fundraisers.

By Anna Baydakova

Sponsored

Feb 13, 2023 at 2:24 p.m. UTC

Feb 13, 2023

RussiawarSanctionsBinanceUkraine

---

Consensus Magazine

Bitzlato

Bitzlato Co-Founder Released After Arrest in Moscow, Pledges Relaunch of Seized Exchange

“I could launch the exchange from my apartment," Anton Shkurenko said of the exchange multinational authorities shut down in January. The Bitzlato team has retained most of its users’ funds and could resume operations quickly, he said.

By Anna Baydakova

Sponsored

Feb 10, 2023 at 1:39 a.m. UTC

Feb 10, 2023

BitzlatoHydraSanctionsOFAC

---

Policy

Regulations

US Blacklists Bitcoin, Ether Addresses Tied to Russian Sanctions-Evasion Efforts

The addresses are linked to Russia's arms exports intermediary, according to OFAC.

By Nikhilesh De

Sponsored

Feb 1, 2023 at 5:04 p.m. UTC

Feb 1, 2023

regulationsOFACSanctionsRussiaAlameda

---

Business

Dex

Raydium Exchange Exploiter Sends $2.7M to Tornado Cash

The exploiter sent a total of 42 transactions amounting to 1,774.5 ETH on Thursday.

By Oliver Knight

Sponsored

Jan 19, 2023 at 12:44 p.m. UTC

Jan 19, 2023

DEXExploitTornado CashSanctions

---

Consensus Magazine

Sanctions

Crypto 2023: It's Sanctions Season

With state governments increasing financial sanctions in 2022, crypto services might become as cautious about "risky" users as banks have been traditionally, says Anna Baydakova.

By Anna Baydakova

Sponsored

Dec 12, 2022 at 3:30 p.m. UTC

Dec 12, 2022

SanctionsRussiaUkraineTornado CashAlexey PertsevCrypto 2023

---