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U.S. Treasury Department Says It Exposes Money Laundering Network Using Digital Assets to Evade Sanctions.
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- Author(s): Meyerowitz, Steven A.1
- Source:
Computer & Internet Lawyer. Feb2025, Vol. 42 Issue 2, p11-14. 4p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
The article discusses the U.S. Treasury Department's sanctions against individuals and entities involved in a global money laundering network facilitating sanctions evasion using digital assets. Topics discussed include the use of stablecoins to evade sanctions, international cooperation in disrupting illicit financial activities, and the designation of key figures and entities tied to the TGR Group, a network aiding Russian elites in evading sanctions.
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