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US sanctions Russia's A7 crypto network as criminal organization

U.S. Department of the Treasury (Photo – EPA / MICHAEL REYNOLDS) The U.S. Department of the Treasury has designated a Russian shadow network, the A7 payment system created by fugitive Moldovan businessman Ilan Shor and Promsvyazbank, as…

LIGA.net

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Oct 2, 2026 at 7:20 AM UTC · 1 min de leitura

US sanctions Russia's A7 crypto network as criminal organization
Image via LIGA.net
U.S. Department of the Treasury (Photo – EPA / MICHAEL REYNOLDS)

The U.S. Department of the Treasury has designated a Russian shadow network, the A7 payment system created by fugitive Moldovan businessman Ilan Shor and Promsvyazbank, as a transnational criminal organization for helping Russia circumvent sanctions.

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This is a machine translation of the original article in Ukrainian. It may contain errors.

Why this matters

The Treasury designation targets a payment network allegedly used to help Russia evade sanctions, raising compliance and counterparty risks for financial institutions and crypto-service providers. It signals that U.S. enforcement may increasingly focus on alternative cross-border payment infrastructure linked to sanctioned Russian entities.

#crypto#government-policy

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Originally reported by LIGA.net

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