📢 Crypto payment service Payeer has been hit with a record $10 million fine by Latvia's Financial Crime Investigation Service (FNTT) for breaching EU sanctions on Russia. 🚫 Payeer allegedly facilitated access to its crypto wallet services for Russian individuals and companies, using banks under EU sanctions. A separate $1.15 million penalty was imposed for breaching Latvian anti-money laundering and counter-terrorism financing protocols. This comes amid an EU-wide crackdown on crypto firms aiding in sanction circumvention. What are your thoughts on this? Let's discuss below! 👇💬