The United Kingdom National Crime Agency (NCA) said last week it disrupted Russian money laundering operations involving cryptocurrencies.
The operation so far led to 84 arrests and the seizure of over $25.5 million (£20 million) in cash and cryptocurrency, according to a recent NCA announcement. The investigation led to the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announcing sanctions against Russian-speaking people and four businesses involved in the sanction-evasion networks.
The “Operation Destabilise” was not limited to the UK and included actions taken in the Middle East, Russia, and South America. Byron Boston, a former United States Dallas police officer, CEO at crypto tracking firm Crypto…
Jun 11 2025
