Published 09/26/2024 10:22:00 p.m.

Cryptocurrency exchange network accused of helping Russia hit with sanctions

A network of people and virtual currency exchanges linked to Russian cybercrime faced sanctions in a government crackdown, coinciding with President Joe Biden's meeting with Ukrainian President Volodymyr Zelenskyy.
Biden stated that the U.S. “will continue to raise the costs on Russia for its war in Ukraine” to undermine its defense resources.
State Department Spokesman Matthew Miller emphasized using all tools to deter money laundering networks and urged Russia to restrict cybercriminal operations.

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Associated Press News

Cryptocurrency exchange network accused of helping Russia hit with sanctions

WASHINGTON (AP) — A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a government-wide crackdown on cybercrime that could assist Russia ahead of President Joe Biden’s meeting with Ukrainian President Volodymyr Zelenskyy. U.S. Treasury sanctioned alleged Russian hacker Sergey Ivanov and Cryptex

09/26/2024 4:25:52 p.m.·United States

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abc News

Cryptocurrency exchange network accused of helping Russia hit with sanctions

A network of people and virtual currency exchanges associated with harboring Russian cybercrime have been hit with sanctions in a government-wide crackdown on cybercrime

09/26/2024 4:25:52 p.m.·United States

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Washington Times

Cryptocurrency exchange network accused of helping Russia hit with sanctions

A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a government-wide crackdown on cybercrime that could assist Russia ahead of President Joe Biden's meeting with Ukrainian President Volodymyr Zelenskyy.

09/26/2024 10:22:00 p.m.·United States

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The Hill

US sanctions cryptocurrency exchange network accused of aiding Russia

The U.S. government on Thursday charged two Russian nationals and sanctioned a virtual currency exchange in an effort to crack down on transnational cybercrime involving cryptocurrency. The departments of Justice, State and Treasury announced the coordinated effort against Russian nationals Timur Shakhmametov and Sergey Ivanov as well Cryptex, a virtual currency exchange accused of servicing…

09/26/2024 7:13:09 p.m.·Washington, United States

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Noticias ao Minuto

US sanctions cryptocurrency exchange associated with Russia

The U.S. Treasury Department has sanctioned the alleged Russian 'hacker' Serguei Ivanov and Cryptex --- a virtual exchange registered in Saint Vincent and the Grenadines but operating in Russia. Virtual exchanges allow individuals and companies to trade cryptocurrencies, exchanging them for other assets, such as dollars or euros, as well as other digital currencies. The Treasury Department alleges that Ivanov laundered hundreds of millions of do…

09/26/2024 6:04:29 p.m.·Portugal

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VOA News

Cryptocurrency exchange network accused of helping Russia hit with sanctions

WASHINGTON — A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a government-wide crackdown on cybercrime that could assist Russia ahead of President Joe Biden's meeting with Ukrainian President Volodymyr Zelenskyy. U.S. Treasury sanctioned alleged Russian hacker Sergey Ivanov and Cryptex — a St. Vincent and Grenadines registered virtual currency exchange opera…

09/26/2024 5:03:42 p.m.·United States

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