The United States imposes new sanctions on russia

The United States has expanded sanctions against russia. They concern virtual financial transactions.

The US sanctions target russian virtual financial platforms PM2BTC, Cryptex and individual russian citizens for cybercrime and money laundering.

"The U.S. Treasury Department is taking action as part of a coordinated international effort to shut down russian cybercrime services," the statement said.

In particular, the Financial Crimes Enforcement Network has imposed restrictions on the russian virtual currency exchanger PM2BTC, which is involved in money laundering in russia. 

The Office of Foreign Assets Control imposed sanctions against russian citizen Sergey Ivanov. According to their data, he plays a significant role in money laundering processes, as well as against the Cryptex virtual currency exchange. It is registered in St. Vincent and the Grenadines.

The US State Department has also offered a reward of up to $10 million for information leading to Ivanov's arrest and/or conviction.

Source: US Department of the Treasury