Russian faces life in US jail over crypto transfers for sanctioned parties

A Russian national working and living in New York has been charged with using his crypto-investment firm to transfer more than US$500 million into America "while masking the source of the funds and their true owners", who included sanctioned Russian banks and individuals.

By Keith Nuthall

A Russian national working and living in New York has been charged with using his crypto-investment firm to transfer more than US$500 million into America "while masking the source of the funds and their true owners", who included sanctioned Russian banks and individuals.