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World & Business

Kremlin-backed A7 network allegedly moved $6.9 billion through global banks

The Financial Times describes a Kremlin-backed forgery scheme. Sen. Elizabeth Warren cited its reporting to criticize the Trump administration's sanctions enforcement.

EW
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2 Sources, 9d ago, first seen 9d ago

TLDR

The Financial Times reports that a Kremlin-backed forgery scheme moved $6.9 billion through global banks. Citing that report on September 22, 2026, Sen. Elizabeth Warren identified the network as A7 and said the Trump administration had stopped regularly sanctioning evaders aiding Russia's war effort a year and a half earlier. She said she and others had called on the administration to expose the entities behind A7.

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2 Sources, first seen 9d ago

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Combined views

146.1K

2 Sources, first seen 9d ago

904 likes73 comments34 saves274 reposts

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2 Sources

@SenWarrenIt's been a year and a half since the Trump Admin stopped regularly sanctioning evaders who help Russia’s war machine. And we've called on the Admin to expose the many entities behind the Kremlin-backed A7 network. Now, A7 has reportedly moved $6.9 billion through banks. 🧵
@ControlThreatA7 is often associated with cryptocurrency, but internal documents show that the network relied heavily on traditional banks to move money across borders for Russian companies.
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    2 Sources

    @SenWarrenIt's been a year and a half since the Trump Admin stopped regularly sanctioning evaders who help Russia’s war machine. And we've called on the Admin to expose the many entities behind the Kremlin-backed A7 network. Now, A7 has reportedly moved $6.9 billion through banks. 🧵
    @ControlThreatA7 is often associated with cryptocurrency, but internal documents show that the network relied heavily on traditional banks to move money across borders for Russian companies.
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