sanctions | ForkLog

ForkLog 45 05.10.2023

Media report Russians’ sanctions-busting via crypto firms in Estonia and Lithuania

VSquare experts analysed around 300 crypto companies registered in Estonia and Lithuania and found dozens of cases of fraud, money laundering, sanctions evasion and illicit financing of criminal organisations.

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ForkLog 10 25.09.2023

US trains Ukraine to detect sanctions evasion through cryptocurrencies

Ukrainian law enforcement completed the second stage of online training focused on tracking cryptocurrencies to combat sanctions evasion.

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ForkLog 16 30.08.2023

OpenSea accused of blocking users for using Tornado Cash

NFT platform OpenSea began blocking users for using the Tornado Cash mixer, according to journalist Colin Wu.

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ForkLog 37 29.08.2023

KuCoin and OKX tighten P2P trading for Russians

On 29 August, cryptocurrency exchanges KuCoin and OKX updated their P2P trading rules for Russian users.

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ForkLog 18 29.08.2023

Binance’s exit from Russia deemed ‘unlikely’

The halting of Binance's activities in Russia is unprofitable primarily for the cryptocurrency exchange itself, so such a scenario is extremely unlikely. This was stated by ForkLog experts surveyed.

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ForkLog 25 29.08.2023

Binance weighs potential exit from Russia

Binance is examining potential paths for its business in Russia, including a full exit from the jurisdiction.

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ForkLog 46 28.08.2023

In Russia, a proposal to block Binance over restrictions on Russians

As a countermeasure to the restrictions imposed by exchanges on Russians, one ForkLog expert proposed considering blocking those platforms in Russia.

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ForkLog 209 28.08.2023

OKX and Bybit remove sanctioned Russian banks from P2P platforms

Russian users of OKX's P2P service noticed that banks Sber, Alfa Bank and Tinkoff have become unavailable as payment options.

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ForkLog 19 26.08.2023

Binance limits Russians to P2P trades in rubles only

The cryptocurrency exchange Binance has barred Russian citizens from conducting operations through its P2P platform in currencies other than the ruble.

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ForkLog 25 24.08.2023

Binance drops ‘Sber’ and ‘Tinkoff’ names amid US DOJ investigation

The cryptocurrency exchange Binance, for clients of its internal P2P platform, replaced the names of Russian banks' cards 'Sber' and 'Tinkoff' with 'green' and 'yellow' respectively.

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ForkLog 14 13.06.2023

Atomic Wallet hacker moves assets to OFAC-sanctioned Russian exchange Garantex

Some of the funds stolen from the Atomic Wallet cryptocurrency wallet ended up on the U.S.-sanctioned Russian bitcoin exchange Garantex.

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ForkLog 83 07.06.2023

Could Binance face secondary sanctions over serving Russians?

Russian citizens continue to use Binance through jurisdictions not aligned with the sanctions. We examine what this could mean for the exchange.

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