Western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and barring major institutions from clearing dollar transactions. And according to British authorities, Russia may have spent much of that same period engineering an alternative financial system designed to circumvent it […]
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The future of prediction markets will likely be decided by the Supreme Court, while states still appear to hold the advantage, TD Cowen said.
The United Kingdom sanctioned a large crypto exchange, accusing it of "supporting the government of Russia."
OFAC sanctioned a Sinaloa Cartel-linked cash-to-crypto network accused of laundering fentanyl proceeds through cryptocurrency transfers.
U.S. terrorism judgment creditors seek a court order forcing Tether to turn over $344 million in frozen IRGC-linked USDT.
The move comes a day after Tether froze $344 million worth of USDT, which has now been linked to Iran, CNN reported.
Blumenthal asked about the status of a monitor put in place after Binance pleaded guilty and if that person had filed any misconduct reports.
The U.S. Treasury's sanctions agency and its financial crimes bureau released a joint rule proposal for stablecoin issuers.
The Treasury Department said North Korea infiltrated IT workers into U.S. businesses and channeled their wages back to the country to fund weapons of mass destruction programs.
U.S Treasury sanctioned DPRK IT facilitators linked to crypto laundering networks that generated nearly $800 million for Pyongyang in 2024.
Blumenthal, a top Democrat on an investigative panel within the Senate Homeland Security Committee, opened a Binance inquiry last month.
Russia, Iran and North Korea expanded their use of stablecoins, hacked funds and state-linked exchanges to move more than $100 billion onchain to evade international sanctions.
Outflows reportedly spiked 700% on Nobitex, the largest Iranian crypto exchange, which processed about $7.2 billion in transactions in 2025.
Sen. Richard Blumenthal has opened an inquiry into crypto giant Binance following reports of potential sanctions violations.
The Treasury’s OFAC has sanctioned the Russian company Operation Zero following the guilty plea of a man who admitted to stealing software.
The Wall Street Journal, The New York Times and Fortune all reported that investigators had been let go after identifying sanctions-violating transactions.
An Australian national was said to sell cyber tools designed for the U.S. government and its allies to a Russian company known as Operation Zero.
Bitpapa, Garantex and ABCeX were among the cryptocurrency exchanges linked to Russian-tied transactions circumventing Western evasions.
One exchange has processed at least $11 billion in crypto from an office in the same building previously occupied by sanctioned exchange Garantex.
The measures are intended to prevent the emergence of “heirs” to the Russian crypto exchange Garantex, which the EU sanctioned last year.
The sanctions mark the first time digital asset platforms were sanctioned directly by the U.S. government in relation to the Iranian government's actions.
The exchanges were accused of facilitating transactions for the Islamic Revolutionary Guard Corps and are linked to an Iranian businessman convicted of embezzlement.
TRM Labs estimates that illicit crypto volume surged to an all-time high of $158 billion in 2025, representing just 1.2% of total crypto volumes.
While the increasingly professional bad guys' crypto rocketed to $158 billion in 2025, it's still a decreasing share of overall digital assets activity.
The U.S. Treasury tied Wedding’s network to a web of sanctioned crypto wallets across five blockchains, pointing to a laundering operation.
Elliptic traced more than $500 million in USDT tied to Iran’s central bank, suggesting the stablecoin was used to manage foreign-exchange pressures and build a “sanctions-proof” alternative to dollar banking.
Chainalysis said Iran’s crypto ecosystem topped $7.78 billion in 2025 as IRGC-linked activity grew and BTC withdrawals surged during unrest.
Prospective customers could purchase weapons such as missiles, tanks and drones using crypto, according to a government website.
Iran has already been utilizing crypto to evade Western sanctions for years, according to findings from the US Treasury.
The Treasury Department sanctioned eight individuals and two entities accused of using crypto and shell companies to funnel millions into Pyongyang’s weapons programs.