-
US Treasury sanctions Russia-based crypto exchange for laundering over $160 million in bitcoin
The U.S. Treasury’s Office of Foreign Asset Control has announced a new round of sanctions targeting over-the-counter crypto exchange Suex. Formally registered in Prague, but with physical offices in Moscow and St. Petersburg, government officials said on September 21 that Suex has facilitated cashouts from ransomware gangs, scam operators, and defunct crypto exchange BTC-e, which the U.S. Department of Justice shut down years ago. The OFAC release includes a series of BTC, ETH and Tether addresses. Twenty-five addresses in total are named. Crypto analytics firm Chainalysis aided OFAC in its investigation of Suex. ... (full story)
