US targets $17 billion Russia-linked crypto payment network using USDT as an escape route

The U.S. has targeted a $17 billion Russia-linked cryptocurrency payment network, citing its use of Tether (USDT) as an escape route. OFAC expanded blocking sanctions to the broader network in October, while FinCEN's proposed sub-agent transfer restrictions remain pending. For more details, see the original post on CryptoSlate.

Sources

• CryptoSlate — US targets $17 billion Russia-linked crypto payment network using USDT as an escape route

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