Fresh US sanctions hit Russian bank, oligarchs, crypto miner | Russia-Ukraine war News

The United States has imposed several rounds of sanctions on Moscow since the February 24 invasion of Ukraine.

The United States on Wednesday imposed sanctions on dozens of people and entities, including a Russian commercial bank and a cryptocurrency mining company, in hopes of evading the sanctions by Moscow. existing sanctions for Russia’s invasion of Ukraine.

The US Treasury Department said in a statement it was imposing sanctions on Russian commercial bank Transkapitalbank, whose representatives it said serve a number of banks in Asia, including in China and the Middle East, and has proposed options to evade international sanctions.

Washington also targeted a global network of more than 40 people and entities designated by the US-designated Russian oligarch Konstantin Malofeyev, including organizations “whose primary mission is to facilitate escapes.” avoid sanctions on Russian entities”.

The Ministry of Finance also imposed sanctions on companies operating in Russia’s cryptocurrency mining industry, which is said to be the third largest in the world. It targeted the parent company of Bitcoin mining company BitRiver and its 10 subsidiaries based in Russia, warning that the US is committed to ensuring that no assets become a mechanism for Russian President Vladimir Putin. offset the impact of sanctions.

“The Treasury Department can and will target people who evade, attempt to evade, or aid in evading U.S. sanctions on Russia, as they are helping to support the brutal war that Putin chosen,” Treasury Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in the statement.

“The United States will work to ensure that the sanctions we have imposed, in close coordination with our international partners, degrade the Kremlin’s ability to project power and finance its invasion.”

The Russian Embassy in Washington did not immediately respond to a request for comment.

The United States has imposed several rounds of sanctions on Moscow since the February 24 invasion of Ukraine, including targeting the country’s biggest lenders and Putin himself.

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