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NCA Disrupts Multi-Billion Dollar Russian Money Laundering Network, OFAC Sanctions Related Individuals and Entities

On December 4, 2024, the United Kingdom’s National Crime Agency (NCA) disrupted a multi-billion dollar money laundering network, which provided…

Russia

OFAC Designates Russia-Based Cybercrime Syndicate, Evil Corp, in Joint Effort with UK’s FCDO and Australia’s DFAT

On 1 October, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the UK’s Foreign Commonwealth…

Russia

Unraveling Russia’s Crypto Sanctions Evasion and Disinformation Campaigns: Podcast Ep. 130

Episode 130 of the Public Key podcast is here! Russia has become an international force using cryptocurrency for sanctions evasion,…

Russia

OFAC Designates Russian Exchange Cryptex, FinCEN names PM2BTC

Note: This blog was updated on October 7 to reflect that only Ivanov, not the affiliated service Universal Anonymous Payment…

Russia

In Large Operation, German Law Enforcement Seizes Servers of 47 Russia-centric No KYC Exchanges

On September 19, 2024, the German Federal Criminal Police (BKA) seized the infrastructure of 47 Russian-language no-KYC (Know Your Customer)…

Russia

Russia’s Cryptocurrency Pivot: Legislated Sanctions Evasion

In response to mounting financial pressures of Western sanctions, Russia enacted significant legislation legalizing cryptocurrency mining and permitting the use…

Russia

OFAC Sanctions Russian Drone Developer KB Vostok Linked to Ukraine Invasion

On August 23, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced further sanctions…

Russia

International Agencies Sanction Russian National Dmitry Yuryevich Khoroshev, Leader of Cybercrime Group LockBit, for Developing and Distributing Ransomware

On May 7, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national…

Russia

OFAC and Department of State Sanction Nearly 300 Individuals and Entities Involved in Russia’s War Machine, One Known to Have Accepted Crypto

On May 1, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department…

Russia

OFAC Sanctions Russia-based Blockchain Companies, Including Netex24 and Bitpapa, for Facilitating Sanctions Evasion

On March 25, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned twelve entities…

Russia

OFAC Sanctions Russian Nationals Ilya Andreevich Gambashidze and Nikolai Aleksandrovich Tupikin for Facilitating Disinformation on Behalf of the Government of Russia, Funds Frozen by Tether

On March 20, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian nationals…

Russia

U.S. and U.K. Disrupt Lockbit Ransomware Group and Indict Two Russian Nationals While OFAC Levies Sanctions

On February 20, 2024, the U.K.’s National Crime Agency (NCA), alongside the U.S. Department of Justice (DOJ), announced the disruption of…

Russia

OFAC Sanctions Russian National Ekaterina Zhdanova for Using Cryptocurrency to Launder Money on Behalf of Russian Elites and Ransomware Groups

On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national…

Russia

Grassroots Crypto Adoption Continues in Eastern Europe Despite Russia-Ukraine War

This post is an excerpt from our 2023 Geography of Cryptocurrency Report. Download your copy now! Eastern Europe is the fourth-largest…

Russia

Russian and North Korean Cyberattack Infrastructure Converge: New Hacking Data Raises National Security Concerns

In the wake of a historic arms meeting between Kim Jung-un and Vladimir Putin, on-chain data reveals disturbing information: Democratic…