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US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in…

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US Treasury Dept sanctions crypto OTC broker Suex for alleged role in facilitating transactions for ransomware attacks

The government agency hinted at possible additional sanctions for "financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response" that facilitated ransomware payments.

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