US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion

US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion

US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions EvasionU.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly facilitating sanctions evasion and funding Russia’s invasion of Ukraine. The letter cited reports indicating that $20 billion […]

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