The U.S. government has taken action against two Russians and two cryptocurrency exchanges in connection with illicit financing. Agencies such as the Treasury, Justice, and State departments have joined numerous international law enforcement agencies.

- FinCEN identifies PM2BTC and Sergey Ivanov as primary money laundering concerns.

- OFAC sanctions Ivanov and Cryptex.

- PM2BTC is accused of processing proceeds from ransomware attacks and other illegal activity.

- Cryptex is linked to over $720 million in transactions with Russian cybercriminal services.

The Treasury Department thanks the U.S. Secret Service, the Dutch National Police, and the Dutch Financial Intelligence Service for seizing the domains and related infrastructure.

- Ivanov and Timur Shakhmametov are charged with bank fraud and money laundering.

- The U.S. State Department is offering a reward of up to $10 million for information leading to the arrest of Ivanov or Shakhmametov.

What do you think about these measures? Comment below! 🚀#CryptoNews#Blockchain #BTC