The Department of the Treasury's OFAC sanctioned a Russian national for her role in moving money for Russian elites using virtual currency.
The Department of the Treasury's Office of Foreign Assets Control sanctioned a Russian national for her role in laundering and moving money for Russian elites using virtual currency.
"We remain focused on safeguarding the U.S. and international financial system against those who seek to exploit this technology, among other illicit finance risks in the virtual assets ecosystem," said Brian E. Nelson, under secretary of the Treasury for terrorism and financial intelligence. "This type of illicit financial activity can be used to evade the multilateral U.S. and international sanctions that impose costs on Russia for its unprovoked war and deny the access of sanctioned Russian individuals and entities to the international financial system," Treasury said.
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