UK Hunts Russia-Linked Crypto Pipeline A7
UK authorities target A7 network routes for Russia-linked funds instead of screening names alone.
CryptoSlate reports that the UK National Crime Agency is directing companies to trace Russia-linked payment routes and A7-linked wallets and infrastructure rather than only screening names on sanctions lists. The article states A7 claims $86B in first-year volume. It adds that proposed OFSI fines could reach 100% of a breach’s value as authorities move to double sanctions fines. The source headline describes UK authorities targeting the $86 billion A7 network by focusing on the routes used to move Russia-linked funds.
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UK Hunts Russia-Linked Crypto Pipeline A7
UK authorities target A7 network routes for Russia-linked funds instead of screening names alone.
CryptoSlate reports that the UK National Crime Agency is directing companies to trace Russia-linked payment routes and A7-linked wallets and infrastructure rather than only screening names on sanctions lists. The article states A7 claims $86B in first-year volume. It adds that proposed OFSI fines could reach 100% of a breach’s value as authorities move to double sanctions fines. The source headline describes UK authorities targeting the $86 billion A7 network by focusing on the routes used to move Russia-linked funds.