U.S. Treasury sanctions a money launderer tied to Russian elites
OFAC targets Ekaterina Zhdanova for laundering over $100m via crypto, evading sanctions for Russian oligarchs and aiding ransomware affiliates. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Ekaterina Zhdanova, a Russian national implicated in significant money laundering operations involving cryptocurrencies. Zhdanova is accused of facilitating over $100 million in transactions for a Russian oligarch to the United Arab Emirates, as well as handling large sums for a Ryuk ransomware affiliate. NEW!!! United States is sanction ing Ekaterina Zhdanova, a Russian national, for her role in laundering hundreds of millions of dollars using virtual currency on behalf of sanction ed russian elites . pic.twitter.com/zvVuuFgFIT — Alex Raufoglu (@ralakbar) November 3, 2023 According to OFAC’s investigation, Zhdanova’s activities offered a channel for Russian elites to maintain their wealth and status despite the extens...