• tracyspcyM
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    1 year ago

    tldr

    • Russian military fundraisers have received $20M in cryptocurrency despite US sanctions imposed on Russia for invading Ukraine.
    • Elliptic has conducted blockchain analysis on transactions involving these crypto donations.
    • They believe that there may be illegal activity involved since some transactions violate US sanction regulations.
    • However, they cannot determine if all funds were obtained illegally without more detailed investigation into each transaction.
    • This incident raises concerns over how cryptocurrency can be used to evade international law enforcement and economic restrictions.