U.S. Cracks Down on Russian Crypto Money Laundering
Ekaterina Zhdanova, a Russian national, is now under sanctions from the U.S. Department of the Treasury’s OFAC for her role in laundering substantial funds and facilitating their illicit transfer overseas through cryptocurrency channels.
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Ekaterina Zhdanova, a Russian national, is now under sanctions from the U.S. Department of the Treasury’s OFAC for her role in laundering substantial funds and facilitating their illicit transfer overseas through cryptocurrency channels.
It has come to light that Zhdanova assisted in relocating more than $100 million for an oligarch to the UAE through Garantex Europe, a crypto exchange that ignores many existing sanctions.
The U.S. Treasury’s statement detailed Zhdanova's ongoing role in aiding Russian oligarchs to offshore their funds using cryptocurrency means, alongside investments in real estate and other asset transfers.
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