US Sanctions First Crypto Exchange For Alleged Ransomware Ties : ethereum

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tldr; The US Treasury Department has announced sanctions against a crypto exchange named Suex for facilitating transactions for ransomware operators based in Russia. The department claims that over 40% of Suex’s known transaction history was associated with illicit and criminal operations. Suex doesn’t seem to have an exchange of its own but rather relies on external crypto exchanges to facilitate transactions.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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