The United Kingdom has sanctioned companies affiliated to oligarch Ilan Shor, accused of circumventing international sanctions through cryptocurrencies.

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.