Russians are using crypto to evade sanctions — but it’s not just the elite
Russians are using crypto to evade sanctions — but it’s not just the elite Is investing in crypto really going to help Russians? Targeting sanctions The economic sanctions imposed on Russia for invading Ukraine are naturally hurting the entire Russian economy. Their intended target, though, is to hit Putin and the billionaire oligarchs who support his rule where it hurts most. A cornerstone of this strategy is stopping these individuals from using or moving their wealth around by freezing the assets they hold overseas and blocking financial transactions....