U.S. Targets Russia Crypto Miner BitRiver in New Sanctions
Published Date: 4/20/2022
Source: Bloomberg Quicktake: Now
The U.S. Treasury sanctioned cryptocurrency miner BitRiver -- the first time it has targeted such a company -- as well as dozens of other entities and individuals it said were involved in helping Russia evade sanctions linked to its invasion of Ukraine. Along with BitRiver, which was founded in Russia in 2017, Treasury penalized 10 of the company’s subsidiaries. It also sanctioned Russian commercial bank Transkapitalbank and a global network of more than 40 individuals and entities led by Russian oligarch Konstantin Malofeev. In addition, the State Department issued visa bans on 635 Russian nationals it said are involved in suppressing dissent abroad and at home. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake