Category Sanctions

Griffith pleaded guilty to one count of conspiracy to violate international sanctions after giving a talk at a crypto conference in Pyongyang in 20...

While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.

Garantex was sanctioned in 2022 for facilitating money laundering for ransomware actors and darknet markets.

"Tether has entered the war against the Russian crypto market and blocked our wallets worth over 2.5 billion rubles," Garantex said.

A new report from the analytics firm says that sanctioned jurisdictions and groups were responsible for 39% of illicit crypto transactions last year.