The United States on November 3 placed sanctions on a Russian national for allegedly helping Russian elites launder and transfer money using virtual currency in contravention of sanctions imposed after Moscow's invasion of Ukraine. Yekaterina Zhdanova helped a Russian client hide their source of wealth to transfer more than $2.3 million into Western Europe through a fraudulently opened investment account and real estate purchases in 2022, the Treasury Department said in a statement. Zhdanova also used virtual currency exchanges to help oligarchs who relocated internationally, the statement said.
U.S. Imposes Sanctions On Russian For Helping Elites Launder Money
The U.S Treasury building in Washington