UK dismantles massive money laundering operations tied to Russian oligarchs and cybercriminals

UK dismantles massive money laundering operations tied to Russian oligarchs and cybercriminals

British authorities have dismantled two large money laundering operations connected to Russia, seizing 20 million pounds and arresting 84 suspects in a sting named Operation Destabilize. The networks helped criminals and wealthy Russians convert cash to cryptocurrency and evade sanctions. The U.S. also announced sanctions against key figures involved.

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