Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals | Sep 23, 2021 at 6:00 PM
  • Cryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests.
  • As part of the measures, the Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on Suex, a Russia-based over-the-counter crypto broker.
  • Elliptic notes that with the action against the Russian exchange, the number of cases in which OFAC has imposed sanctions on activities involving cryptocurrencies has reached seven.