U.S. Freezes $27M in Russian Crypto Amid New Sanctions
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The U.S. Treasury has tightened its grip on crypto platforms tied to Moscow. In its latest sanctions package, Washington targeted Russian exchanges Garantex and Grinex, accusing them of enabling illicit flows. Around $27 million in USDT has been frozen, a modest sum globally, but politically significant.
Sanctions Designed for Political Impact
The move underscores that crypto is not beyond the reach of the Office of Foreign Assets Control (OFAC),…
