#OFSI — Zipp

UK Plans to Double Russia Sanctions Fines, Flags A7

2d ago

UK Plans to Double Russia Sanctions Fines, Flags A7

The doubled fine ceiling matters less than the alert's reframing: from name-matching to tracing the intermediary wallets, mixers and OTC rails that actually move the money.

CryptoSlate

HTX rotates wallets across four blockchains to dodge UK sanctions

🩸BEARISH

44d ago

HTX rotates wallets across four blockchains to dodge UK sanctions

The exchange was sanctioned in May for alleged Russian sanctions evasion; TRM's blockchain tracing now shows wallets cycling across four chains to stay one step ahead of screening.

TheBlock

UK Crypto Firms Face 14-Year Jail Risk for Delayed Sanctioned Wallet

🩸BEARISH

46d ago

UK Crypto Firms Face 14-Year Jail Risk for Delayed Sanctioned Wallet

The UK is treating crypto network operators like sanctioned-bank compliance officers, with senior managers facing prison if user wallets are not flagged against the Russia sanctions list on time.

CryptoSlate