US Treasury sanctions Russian cryptocurrency exchanges PM2BTC and Cryptex

According to BlockBeats, on September 27, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued a statement on September 26 local time, saying that the U.S. Treasury Department has determined that a Russian cryptocurrency trading platform "PM2BTC" related to Russian citizen Sergey Sergeyevich Ivanov is related to "illegal finance."

In addition, the U.S. Treasury Department also imposed sanctions on Ivanov and Cryptex, a cryptocurrency trading platform operating in Russia, on the same day.