Russian-linked | Crypto

A network of crypto wallets connected to Russian state-linked entities helped move more than $8 billion in digital assets to bypass Western sanctions, according to a Sept. 26 report from blockchain analytics firm Elliptic. The findings draw from a trove of recently leaked data exposing how sanctioned Russian businesses relied on stablecoins—particularly Tether’s USDT—to sustain […] The post Russian-linked crypto wallets channel $8B to skirt sanctions using Tether’s USDT appeared first on CryptoSlate.