US Alleges 5 Russian Nationals Used Crypto as Part of Sanctions Evasion, Smuggling Scheme

Ex-Coinbase Product Manager Pleads Not Guilty in Crypto Insider Trading Case: Report

Yury Orekhov, Artem Uss, Svetlana Kuzurgasheva (also known as “Lana Neumann”), Timofey Telegin and Sergey Tulyakov are being charged with attempting to evade sanctions against Venezuelan oil producers and obtaining technology used in the U.S. F-22, an air superiority fighter. The defendants allegedly used shell companies and cryptocurrencies to launder the funds involved in this scheme, though a Department of Justice press release did not specify the amounts or types of cryptocurrency used.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.