Crypto Currency Tracker logo Crypto Currency Tracker logo
Coinpedia 2025-09-27 13:13:15

Russian Firms Move Billions Using Crypto to Bypass Sanctions: Report

The post Russian Firms Move Billions Using Crypto to Bypass Sanctions: Report appeared first on Coinpedia Fintech News A recent report from blockchain firm Elliptic reveals how Russian state-linked networks have been using cryptocurrency to avoid Western sanctions and continue trading. Crypto was used to move money across borders, settle trades and even fund political activity. This helped sanctioned groups keep operating but it still left a digital trail. Read on to know …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.