UK Sanctions Three Crypto Firms Over Russia Ties 🦇🌑

Omg the UK just dropped sanctions on crypto payment processors Cryptomus and Heleket plus the Kyrgyzstani exchange TokenSpot back on October 8 after Chainalysis traced them straight into illicit money flows tied to Russia’s sanctions dodging scene 😈 The hits target key pieces of the infrastructure pumping cash through crypto with payment services pulling in funds from thousands of shady counterparties and exchanges hooked to that ruble backed token web 💀

Chainalysis Sniffs Out Dirty Flows Via Three Hot Crypto Plays 🖤

In a fresh breakdown dropped alongside the announcement Chainalysis showed that Cryptomus and Heleket both run by Xeltox Enterprises Ltd had slurped funds from over 15,000 distinct illicit sources spanning every crime category they track 🕷️ In spots like scams sanctioned zones and terror financing their bad inflows actually beat out all mixing services in the dataset combined 🌑 Illicit links to those two processors spiked past 900 in just one month late 2025 and Chainalysis figured the Garantex shutdown might’ve pushed users over since some already had accounts there 💉 The firm also warned new sanctions can flip old txns into illicit territory lol Cryptomus even promoted no KYC no KYB crypto payments on Russian cybercrime forums like BHF and Nulled and Canada slapped them with a CAD 177 million fine for AML CTF fails in October 2025 🪦 TokenSpot took a sneakier path where Chainalysis followed the money from that exchange plus Grinex and Meer into a shared HTX deposit address that soaked up more than $308 million 🕸️ They spotted ties to Moldovan biz guy Ilan Shor and the A7A5 swapper turning ruble tokens into dollar stablecoins fr

Old Plays And The Bigger Sanctions Wave ✨

Grinex got spun up in Kyrgyzstan during December 2024 as a quick Garantex replacement that once handled over $100 billion while already under the hammer It paused ops in April after a hack drained more than 1 billion rubles around 13.74 USDT and TokenSpot dipped offline too at the same time HTX caught UK sanctions in May for routing over $1.5 billion straight to Russia The UK also tagged oil firms Zarubezhneft and INK Capital so now they cover more than 90% of Russia’s oil output capacity plus the bank Stolichny Kredit and twelve shadow tankers Seventeen more folks and groups importing machine tools electronics and materials for ballistic missiles and drones got named as well 🔪

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Just another echo from the void by iconofsin.eth 💖

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