Скачать или смотреть Treasury Sanctions First Crypto Miner—Targeting Russia’s Bitriver For

In its latest retaliatory measures following Russia’s unprovoked invasion of Ukraine, the Treasury Department on Wednesday sanctioned one of the largest cryptocurrency miners in Europe and Asia—marking the first time the U. S. has targeted such a firm as officials look to crack down on the potential use of digital assets for sanctions evasion. Though Bitriver marks the first crypto-mining firm sanctioned by the U. S., officials have already been cracking down on the potential use of cryptocurrency for sanctions evasion. On April 5, the Treasury designated Moscow-based exchange Garantex for “willfully disregarding” anti-money-laundering obligations and “allowing [its]In the same batch of sanctions on Wednesday, the Treasury also designated Russian bank Transkapitalbank and more than 40 people and entities led by Russian oligarch Konstantin Malofeyev, who was charged earlier this month by the Department of Justice for allegedly violating his own sanctions. According to U. S. officials, Malofeyev allegedly evaded sanctions placed in 2014 by conspiring to transfer a $10 million U. S. investment to help acquire media organizations in Europe.“The Treasury can and will target those who evade, attempt to evade or aid the evasion of U. S. sanctions against Russia, as they are helping support Putin’s brutal war of choice,” the Treasury’s Brian Nelson said in a Wednesday statement. DOJ Charges Russian Oligarch Malofeyev With Sanctions Violations, Disrupts Botnet (Forbes)Russia May Use Cryptocurrency To Try And Evade Sanctions—But Here’s Why That Will Be Hard (Forbes)


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