Tether

Russian-Linked Crypto Network Funnels $8 Billion Through Tether's USDT, Escalating Global Sanctions Crisis

Cryptocurrency

Russian-Linked Crypto Network Funnels $8 Billion Through Tether's USDT, Escalating Global Sanctions Crisis

September 26, 2025 – A bombshell report released today by blockchain analytics firm Elliptic reveals that a vast network of crypto wallets tied to Russian state-linked entities has channeled over $8 billion in digital assets, predominantly Tether's (USDT:USDT) stablecoin, to systematically bypass Western sanctions. This sophisticated operation, uncovered

By MarketMinute
Russian-Linked Wallets Funnel $8 Billion in USDT to Evade Sanctions, Sparking Global Regulatory Alarm

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

By MarketMinute