US targets $17 billion Russia-linked crypto payment network using USDT as an escape route

Share

The US sanctioned the Russia-linked A7 payment network and proposed new restrictions to cut its crypto intermediaries off from global markets. The Treasury Department designated A7 as a significant transnational criminal organization on October 1, extending sanctions beyond individual companies to the broader network. According to FinCEN, A7 sub-agents processed over $17 billion in dollar-denominated transactions between January 2025 and June 2026. The network used its ruble-backed A7A5 token as a bridge into liquid crypto assets, frequently converting it into Tether’s USDT for international payments. The proposed rules would prohibit covered financial institutions from sending or receiving funds involving A7 sub-agents, including transactions to or from crypto addresses administered on their behalf.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items