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Here are Russian oligarch Oleg Deripaska's ties to the newly sanctioned bitcoin mining company
On Wednesday, The Block reported that the US Treasury had added bitcoin mining firm BitRiver to its sanctions list. As of the latest reports, BitRiver is the largest provider of cryptocurrency mining hosting in Russia. The particular incentives for the sanctioning were, however, vague. The move drew widespread attention as the first time the Treasury had gone after cryptocurrency mining. The Treasury’s own headline read: “Treasury takes new step of designating a virtual currency mining company.” The Treasury has not said why it sanctioned BitRiver in particular and did not elaborate when contacted by The Block. ... (full story)