Feb 22, 2026

Report: 5 Crypto Exchanges Help Russia Dodge Western Sanctions

TLDR: Elliptic links five crypto exchanges to structured routes used for Russian sanctions evasion through P2P and broker networks. Wallet sharing between Russian and non-Russian platforms allows sanctioned funds to mix with compliant trading activity. Cash-to-crypto services now support cross-border trade payments and access to restricted foreign digital services. Blockchain data shows direct financial exposure [...]

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Source: Blockonomi →