EconomyU.S. designates Russia-linked sanctions-evasion payment network A7 a ‘significant transnational criminal organization’

The U.S. Treasury has designated A7, a Russia-linked payment network created to evade sanctions, as a “significant transnational criminal organization.” The move could block U.S. financial institutions from transferring funds involving A7’s foreign shell-company “Sub-Agents.” Treasury said Iran’s Islamic Revolutionary Guard Corps and central bank used the network. A7 was launched by Moldovan oligarch Ilan Shor in 2024 with Russian Promsvyazbank’s involvement.

U.S. TreasuryA7sanctions evasionRussian shadow banking

MMeduza★★★★☆2026-10-01 21:05Original