Lithuania ๐ฑ๐น Cracks Down on Crypto Company: Big Fines for Breaking Sanctions! ๐ค๐จ
Lithuania just threw down the hammer ๐จ on a crypto company called Payeer, hitting them with a record โฌ9.3 million fine (around $10.1 million) ๐ค for messing with sanctions and anti-money laundering rules. ๐คฎ
Apparently, Payeer was letting Russian ๐ท๐บ folks use their platform to do stuff they shouldn't be doing, like dealing in rubles from sanctioned Russian banks. Yikes! ๐๐ค
This is a big reminder that crypto companies gotta play by the rules, especially when it comes to sanctions. DYOR! #Lithuania #BTC #Bitcoin #BNB #BTC_Bounce_Back_to_57k
Thanks Bloomberg Crypto for info!! ๐