
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