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European Union penalties for the encryption network with Russian relations star-news.press/wp

The European Union has the punishment of individuals associated with a process that uses digital assets to evade sanctions and finance the pro -Russian misleading campaigns.

in resolution The joint foreign and security policy of the European Union was announced, and sanctions were imposed on nine individuals and six entities. Among them was the influential associated with the Kremlin, Simyon Boikov, known as Australia, to publish misleading information in support of Russia.

Boikov was It is said Responsible for the spread of a fabricated video clip claiming the voters’ fraud in Georgia in the 2024 US elections. According to TRM laboratories on Tuesday a reportRaising donations through multiple channels, accepting cash and cryptocurrencies.

TRM Labs reports that Boikov is involved with high -risk Russian stock exchanges that do not impose known customer checks (KYC) and receive money through cash services to Crypto and Darknet markets.

TRM graph shows direct and indirect flows in the Boikov donation portfolio. source: TRM Laboratory

Related to: US sanctions are a ransom encoding portfolio, Infostealer host

Strike Russian Stablecoin

The penalties were also duty In A7 OOO, the company is said to be responsible for the efforts made to influence the 2024 presidential elections in Moldova and the European Union joining referendum by buying votes. The company was established by Ilan Shore, the lack of fleeing Moldovan, It is said It took advantage of it to move one billion dollars out of three banks.

UK already punishment A7 OOO in May for her participation in Moldovan’s elections. The project is linked to the A7A5, which is the ruble -backed Stablecooin, which has appeared as an initial treatment tool on GRINEX, an exchange of encryption that is widely seen as a successor to the approved GARANTEX platform in Russia.

Related to: Russia’s Ministry of Finance official floats a country that makes Stablecoins: Report

The role of encryption in geopolitical conflict

TRM Labs explains that A7 was initially aimed at facilitating across border trade after Russia’s invasion of Ukraine. The company suggests that Grienx and A7A5 are likely to be “linked to the import of double goods from China to Russia through Central Asia.”

Created goods are elements-such as technologies, materials or equipment-which can be used for civil and military purposes. Because of their potential role in the development of weapons or monitoring, its export is often organized tightly.

These can range from processors that operate civil computers or rocket guidance, to materials such as cotton, which can be used in clothes or processed in gunpowder components. TRM LABS commented on the European Union’s decision:

“By targeting both individuals and infrastructure that enables these tactics, the European Union indicates a broader strategic shift towards disrupting the full life cycle of effects, from financing flows to narrative publishing.”

magazine: Falged JD Stablecoins, fraudsters impersonate Solana Devs: Asia Express

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2025-07-16 14:07:00

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