EconomyUS sanctions $17 billion Russia-linked crypto payment network using USDT
The US Treasury designated the Russia-linked A7 Network as a significant transnational criminal organization and expanded blocking sanctions to the wider payment network. FinCEN proposed barring covered financial institutions from handling funds involving A7 sub-agents. The network allegedly uses its ruble-backed A7A5 token to access more liquid assets such as Tether’s USDT; its sub-agents processed over $17 billion in dollar-denominated transactions from January 2025 to June 2026.
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CryptoSlate★★★★☆2026-10-02 11:00Original
US sanctions $17 billion Russia-linked crypto payment network using USDT
Economy