Summary:

- The US Department of the Treasury has sanctioned a Russian national named Ekaterina Zhdanova for her involvement in virtual currency money laundering on behalf of Russian elites.

- Zhdanova used virtual currency to help Russian elites and illicit actors evade US and international sanctions.

- She employed various methods, including cash, connections to money laundering associates, and traditional businesses to facilitate cross-border transactions.

- Zhdanova also provided services to individuals linked to the Russian Ryuk ransomware group, laundering over $2.3m in suspected victim payments.

- The US Treasury remains focused on combating illicit finance risks in the virtual assets ecosystem.

Hashtags:

- #VirtualCurrencyMoneyLaundering

- #RussianElites

- #USDepartmentoftheTreasury

- #Sanctions

- #AntiMoneyLaundering

- #Cybercrime

https://www.infosecurity-magazine.com/news/russian-sanctioned-virtual-money/