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DOJ Files First Criminal Complaint Against US Citizen Allegedly Using Cryptocurrency to Evade Sanctions

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The Department of Justice (DOJ) has filed its first criminal complaint against an American who allegedly used cryptocurrency to circumvent U.S. sanctions. “The payments platform advertised its services as designed to evade U.S. sanctions, including through purportedly untraceable virtual currency transactions.” DOJ Charges US Citizen in Crypto Sanctions Evasion Case The U.S. Justice Department has … Read more

Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Collapses

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The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not see a high risk of Russian oligarchs using crypto to avoid sanctions. Crypto Becomes a Lifeline for Ordinary Russians Coinbase CEO Brian Armstrong shared … Read more

Mobius Capital Founder Explains Why Bitcoin Is Rallying Amid Russia-Ukraine War

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Veteran investor Mark Mobius, the founder of Mobius Capital, explains why the price of bitcoin is rallying as the Russia-Ukraine crisis deepens. “Bitcoin is showing strength now because the Russians have a way of getting money out,” he said. Mark Mobius on Why Bitcoin’s Price Is Rising The founder of Mobius Capital Partners, Mark Mobius, … Read more