[Shocking] Lithuania issued a $10 million fine to Payeer for violating Russian sanctions!

🔥 Just now! The Lithuanian Financial Crime Investigation Bureau (FNTT) imposed a huge fine of nearly 9.3 million euros (about 10 million US dollars) on the cryptocurrency company Payeer! The reason is that Payeer provided transaction convenience for sanctioned Russian banks and customers, failed to report transactions exceeding 15,000 euros, and customer identity verification was not up to standard!

💥 The company was only registered in Lithuania in 2022 and started operations in early 2023. In a short period of time, it attracted more than 213,000 customers and revenue exceeded 164 million euros. But in order to make more money, Payeer deliberately ignored compliance regulations. Not only did it not stop sanctioned transactions, but it also did not cooperate with the investigation. It was simply a "hardcore" operation!

⚠️ The sky-high fine issued by FNTT this time is a warning to remind all companies not to touch the red line of sanctions! Although Payeer can still appeal, this incident has undoubtedly sounded a wake-up call for them.

Is Payeer's operation bold or ignorant? #CPI数据 #立陶宛 #加密货币课程 #俄罗斯制裁 #金融犯罪