The UK has imposed sanctions on entities linked to Ilan Shor, which use cryptocurrencies to disguise the source of funds and circumvent international sanctions. The sanctioned companies, such as 'A7', 'A71' and 'A7-AGENT', were involved in the creation of the Grinex exchange, designed to facilitate financial transfers for Russia. The A7A5 token, associated with these entities, has been promoted as a new financial technology, but in fact serves to circumvent restrictions. After the imposition of sanctions by the US, the A7A5's share price dropped significantly, affecting other cryptocurrencies.
Latest News
22:57
AI companies and chipmakers lose more than $1 trillion amid concerns over financing
22:46
Salvamont rescuers are warning drivers and tourists after snow began falling on the Transfăgărășan and in Poiana Brașov
22:39
The Niculescu Government proposes exempting mothers from paying CASS and maintaining the child-rearing allowance after returning to work
22:25
Niculescu Government targets a deficit below 3% of GDP by 2030 / Spending, tax evasion and revenue collection are priorities
21:55
The government proposed by Luca Niculescu wants to attract a strategic investor to TAROM in 2027, including for a majority stake
See more news