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US arrests Russian crypto boss who �catered to known crooks�A1: Cryptocurrencies are a powerful tool for sanctions evasion for two main reasons: transactions are (1) not processed by commercial banks and. New investigation highlights major Russian dirty money risk at crypto payment providers crypto-to-fiat payment providers to Russian speakers. In Russia, the exchange is used to move rubles into other currencies, which is more difficult amid sanctions on Russian banks after the invasion.
