Cryptocurrency
Russian-Linked Wallets Funnel $8 Billion in USDT to Evade Sanctions, Sparking Global Regulatory Alarm
September 26, 2025 – A groundbreaking report released today by blockchain analytics firm Elliptic has sent ripples through the financial world, revealing that Russian-linked crypto wallets have channeled over $8 billion in digital assets, predominantly Tether's (USDT) stablecoin, to circumvent stringent Western sanctions. This sophisticated network has not only