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162 new news items in the last 24 hours
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  2. Republic of Moldova

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

Călin Nicolescu
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21 August 2025, 09:58
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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.

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Companiile lui Ilan Șor, afiliate Rusiei, au fost sancționate și de Regatul Unit, după SUA | Deschide

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NEWS ON THE SAME TOPICS

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International
The U.S. Treasury Department imposed unprecedented sanctions on Thursday against the clandestine financial network A7, which has ties to Russia
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Financial Times investigation: Ilan Șor’s network circumvented Russia’s sanctions through shell companies and forged documents
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The EU extends sanctions against Belarus for crypto services, drone components, and new sources of income.
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U.S. prosecutors seek the forfeiture of $61 million in cryptocurrency, which they allege came from sanctioned Iranian oil
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Ilan Shor sanctions United Kingdom companies

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