UK cracks down on backdoor Russian sanctions evasion with tough new measures

The UK government has announced a tough new package of sanctions targeting shadow financial systems, cryptocurrency exchanges, and illicit networks that Russia uses to bypass existing sanctions and fund its war in Ukraine. The primary target is the Kremlin-backed “A7 network,” which claims to have moved over $90 billion last year to process oil money … Continue reading UK cracks down on backdoor Russian sanctions evasion with tough new measures