{"id":527,"date":"2024-03-29T13:05:37","date_gmt":"2024-03-29T17:05:37","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/?p=527"},"modified":"2024-03-29T13:05:37","modified_gmt":"2024-03-29T17:05:37","slug":"united-kingdom-joint-sanctions-investigation-with-us-into-20-billion-crypto-transactions","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2024\/03\/29\/united-kingdom-joint-sanctions-investigation-with-us-into-20-billion-crypto-transactions\/","title":{"rendered":"United Kingdom &#8211; joint sanctions investigation with US into $20 billion crypto transactions"},"content":{"rendered":"<p>It is <a href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/russia-sanctions-us-uk-probe-20-billion-crypto-ukraine-war-2024-3\">being reported<\/a> that the UK and the US are undertaking a joint investigation into $20 billion in crypto currency transactions said to be in breach of Russian sanctions.<\/p>\n<p>The payments under scrutiny flowed through the Moscow-based Garantex crypto exchange, utilizing the dollar-pegged stablecoin Tether.<\/p>\n<p>The original story was published by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-28\/crypto-transfers-to-russian-exchange-worth-20-billion-probed-by-us-uk\">Bloomberg<\/a>, behind a paywall.<\/p>\n<p>It is also <a href=\"https:\/\/cryptoslate.com\/us-uk-initiate-joint-probe-into-20-billion-moved-via-crypto-to-evade-russian-sanctions\/\">being reported<\/a> that the National Crime Agency and HM Treasury have provided no comment in relation to the investigation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is being reported that the UK and the US are undertaking a joint investigation into $20 billion in crypto currency transactions said to be in breach of Russian sanctions. The payments under scrutiny flowed through the Moscow-based Garantex crypto exchange, utilizing the dollar-pegged stablecoin Tether. The original story was published by Bloomberg, behind a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2024\/03\/29\/united-kingdom-joint-sanctions-investigation-with-us-into-20-billion-crypto-transactions\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;United Kingdom &#8211; joint sanctions investigation with US into $20 billion crypto transactions&#8221;<\/span><\/a><\/p>\n","protected":false},"author":656,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79,71],"tags":[20,18,9],"ppma_author":[7],"class_list":["post-527","post","type-post","status-publish","format-standard","hentry","category-79","category-financial-services","tag-financial-sanctions","tag-russia","tag-united-kingdom"],"authors":[{"term_id":7,"user_id":656,"is_guest":0,"slug":"mhandley","display_name":"Mark Handley","avatar_url":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-content\/uploads\/sites\/65\/2023\/09\/handleymark-100x100.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/users\/656"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/comments?post=527"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/527\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/media?parent=527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/categories?post=527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/tags?post=527"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/ppma_author?post=527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}