Lithuania 🇱🇹 Cracks Down on Crypto Company: Big Fines for Breaking Sanctions! 😤🔨

Lithuania just threw down the hammer 🔨 on a crypto company called Payeer, hitting them with a record €9.3 million fine (around $10.1 million) 🤌 for messing with sanctions and anti-money laundering rules. 🤮

Apparently, Payeer was letting Russian 🇷🇺 folks use their platform to do stuff they shouldn't be doing, like dealing in rubles from sanctioned Russian banks. Yikes! 👀🤐

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!! 🙏