sanctions evasion

Blockchain News

An illustrative image depicting the massive Kyrgyzstan crypto trading volume surge, linked to Russian sanctions evasion.
Blockchain News

Russian Sanctions Evasion: Shocking 7019% Crypto Volume Surge in Kyrgyzstan Unveils Critical Loopholes

July 27, 2025 coinpulse_staff

The world of cryptocurrency is often lauded for its innovation and potential to revolutionize finance. However, like any powerful tool, it can be misused. A recent report by blockchain intelligence firm TRM Labs has sent ripples through the financial community, highlighting an alarming trend: Russian entities are increasingly leveraging Kyrgyzstan’s nascent crypto sector to bypass […]

Department of Justice scales of justice weighing crypto assets, symbolizing the ongoing fight against crypto laundering and financial crime.
Press Release

DOJ Unveils Massive $530M Crypto Laundering Scheme by Russian National

July 26, 2025 coinpulse_staff

In a significant move that underscores the global crackdown on illicit financial activities, the U.S. Department of Justice (DOJ) has unveiled a massive indictment against a Russian national, Iurii Gugnin. He stands accused of orchestrating a staggering $530 million crypto laundering operation, alongside widespread sanctions evasion. This case sends a clear message: the digital realm […]