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Add as a preferred source on GoogleUK Sanctions Cryptomus, Heleket and TokenSpot Over Russia Links
The action targets alleged sanctions evasion involving crypto platforms. TokenSpot is linked to more than $950 million in transfers to sanctioned entities and the A7 network.
The United Kingdom sanctioned Cryptomus, Heleket and TokenSpot on Thursday in an enforcement action targeting crypto platforms suspected of helping Russia evade financial sanctions.
TRM Labs alleged that TokenSpot moved more than $950 million to the sanctioned exchanges Grinex and Garantex, as well as the Kremlin-backed A7 network.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.