UK Sanctions 18 Entities Over Russian Crypto Sanctions Evasion Network
Plain bagel done well. Pleasantly substantive.
Summary
The UK has imposed new sanctions targeting 18 entities and individuals — including cryptocurrency exchanges and financial companies — accused of helping Russia evade Western restrictions and fund its war economy. The sanctions target the Kremlin-backed A7 network and shadow financial infrastructure used to move money, procure goods, and support Russia's invasion of Ukraine. The measures, announced by the U.K. Foreign, Commonwealth & Development Office, took effect immediately.
Key quotes
· 3 pulledBritain imposed a new package of sanctions targeting cryptocurrency exchanges, financial companies, and individuals accused of helping Russia evade Western restrictions and move money for its war economy.
The U.K. Foreign, Commonwealth & Development Office said the 18 designations target infrastructure used to transfer funds, procure goods, and support Moscow's full-scale invasion of Ukraine.
The measures took effect immediately and include companies and individuals linked to Russia's financial sec
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