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U.S. Imposes Sanctions on 15 Russian Entities for Sanctions Evasion

The sanctions target entities and individuals involved in digital services that facilitate evasion of sanctions imposed due to Russia's war in Ukraine.

  • The U.S. Treasury sanctioned 15 Russian entities and individuals for aiding in sanctions evasion, particularly through cryptocurrency exchanges and fintech services.
  • Among the sanctioned are 13 organizations and two individuals, with five entities controlled by previously sanctioned persons.
  • The sanctions target those facilitating transactions or services for OFAC-designated entities, including dark web marketplaces and Russian financial institutions.
  • The actions are part of ongoing efforts to curtail Russia's use of the international financial system for its war against Ukraine, reinforcing the G7 commitment.
  • Sanctions include freezing assets within the U.S. and prohibiting business with the designated entities and individuals.
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