Dealer sanctioned over gatekeeping failure
Echelon Partners failed to guard against clients’ potentially-suspicious trading in U.S. OTC markets. According to Investment Executive, investment dealer Echelon Wealth Partners Inc. (now known as Ventum Financial Corp.) is being sanctioned in a settlement with the Canadian Investment Regulatory Organization (CIRO) over gatekeeping failures involving suspicious trading on behalf of several foreign brokers. According […]
Ukraine targets 60 crypto firms linked to Russian sanctions evasion and war funding
Cryptopolitan news says that, Ukraine has sanctioned 60 crypto companies, including 55 Russian entities, for helping Russia move funds in crypto assets. President Volodymyr Zelenskyy reportedly signed the decree sanctioning the companies. According to Decree No. 465/2025, Ukraine’s National Security and Defense Council is applying “personal special economic and other restrictive measures (sanctions)” on these […]
Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin
According to Cryptonews, Rostec, a major Russian state-owned defense conglomerate, has found a way to bypass traditional banking systems. It has revealed its intention to introduce its RUBx stablecoin alongside RT-Pay, a specialized platform designed for cryptocurrency-based transactions. The RUBx token, which maintains a 1:1 peg to the Russian ruble, will function on the TRON blockchain […]
US sanctioned 12 tankers and Iraqi terminal in first Iran sanctions since bombing nuclear sites
After bombing Iran’s nuclear facilities in late June amid the 12-day Israel-Iran war, the US resumed its ‘maximum pressure’ sanctions campaign on Iran. US sanctioned an Iraqi oil terminal and more than 30 individuals, entities and ‘shadow fleet’ tankers on Thursday as the “maximum pressure” sanctions campaign on Iran resumed for the first time since […]
USA sanctioned Sanctioning Senior Members of Longstanding Hizballah Financial Institution Al-Qard Al-Hassan (AQAH)
The United States sanctioned seven senior officials and one entity linked to Al-Qard Al-Hassan (AQAH), a Hizballah-controlled financial institution. These officials, through their management roles, have facilitated Hizballah’s evasion of sanctions, enabling AQAH to conduct millions of dollars in transactions through “shadow” accounts. In addition to this, the Department’s Rewards for Justice (RFJ) program is […]